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Thu 30 Jul 2009 07:26 AM

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Online giant sees more Mideast jobs advertised in June

Monster says number of opportunities in region was up 18% compared to previous month.

The number of jobs advertised in the GCC, Jordan and Lebanon on the world’s largest employment website, Monster, rose by 18 percent in June from the month before, driven by the construction and financial sectors.Around 1,600 new jobs were posted on the website last month, as construction companies and the financial sector stepped up their hiring.

The strong performance was driven by the Saudi and UAE markets, which both grew by around 30 percent each after a six month decline.

“On the infrastructure side we are seeing major growth following the support offered by the government,” said Sanjay Modi, managing director for India, South East Asia and Middle East.

“Some of the real estate projects that were on hold…we have found in the last 30 to 40 days, are moving forward.”

In the financial sector, companies are encouraged by signs that the economy is stabilizing, he added.

“The trend is to move in small steps, and we don’t expect the market to move ahead strongly until in about six to eight months’ time,” Modi said.

Middle managers, with 6 to 10 years’ experience, and senior managers, with 15 years of experience or more, were in especially strong demand.

The number of new jobs was similar to the corresponding period last year.

The positive trend was mirrored in India and South East Asia, while European and North American markets were still “challenging”, Modi said.

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Syd 11 years ago

this entire article is a lie, there may be 1600 vacancies posted on the monster site, but is there an independant agency that is monitoring and auditing these claims? its all very nice to wish well but its rather stupid to dig your head into the sand and pretend!

nikki 11 years ago

utter rubbish

abdul 11 years ago

sour graping--its a natural defense mechanism syd.

The Don 11 years ago

Questions: 1. Who many out of the 1,600 are new and how many are just jobs renewal for an already advertised jobs either on this website or any other online job portals? 2. What is the highest and lowest salaries offered for these 1,600 jobs? How it compares to salaries offered for similar jobs before the crises? 3. How many are really a serious jobs that would eventually be closed by an offer/contract? I was looking for a job in the past 3 months and many were just exploring the market without any budget approved to hire people.