By Staff writer
Naukrigulf Job Speak Index says Gulf kingdom sees 18% growth in December compared to October
Online hiring activity in the Gulf region rose by seven percent during the final quarter of 2015, according to date included in the Naukrigulf Job Speak Index.
The new monthly index, which shows recruitment trends across industry sectors in the region, showed that Saudi Arabia and Kuwait emerged as the top countries for hiring professionals during Q4.
All countries in the GCC witnessed positive hiring activity in December over October but Saudi Arabia led the way with an 18 percent jump.
The UAE registered the weakest increase of two percent during the same period.
Industries such as services and education witnessed large increases in jobs creation while fast moving consumer goods (FMCG) IT and telecom, manufacturing and healthcare maintained a positive trend.
Services led the new jobs market with a 60 percent growth in December over October while education jobs rose 21 percent.
However, recruitment for banking (down 12 percent), retail (down 16 percent) and oil & gas (down three percent) all registered a dip, the index added.
Naukrigulf Job Speak Index also said it saw an increased demand for middle and senior level professionals, while freshers and junior level candidates also witnessed an increase but not as much as their senior counterparts.
Tarun Aggarwal, business head - Naukrigulf.com, said: "Hiring trends in Saudi Arabia and Kuwait look impressive whereas UAE, Oman and Bahrain are slowly moving ahead over this period.
"Sector wise, there is an exponential increase in the demand for services, recruitment and consulting opportunities in the GCC. Positive news is for professionals in IT and medical field, and overall the job market in the GCC is looking positive."