Dubai: The UAE’s hospitality and healthcare sector recorded a huge spike in online job opportunities, making the sectors the top growth industries year-over-year.
According to the latest iteration of the Monster Employment Index, hospitality clocked in the highest growth with 23 per cent increase in jobs whereas healthcare saw a 19 per cent jump in online job opportunities year-over-year. The next best performing sector was oil & gas with a 4 per cent growth.
The industries that recorded negative growth over the said period were IT and Telecom (-17 per cent), chemicals/plastic/rubber, paints, fertilizer/pesticides (-10 per cent) and retail/trade and logistics at -8 per cent, making them the lacklustre industries in the country.
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career websites and online job listings.
The Index shows that, even as the region suffered from total job losses of 11 per cent on an annual basis (largely due to a 11 per cent decline in online job opportunities in Saudi Arabia and 19 per cent in Kuwait), Qatar and Bahrain recorded an 10 per cent increase in online opportunities over a 12-month period ended March 2013. Oman outshone all other nations in the bloc with a 13 per cent growth in the said period.
“The Middle East employers continue to adopt a cautious approach owing to the current global business scenario,” said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia).
Regionally, online opportunities exceeded March’12 levels in three of the 12 industry sectors monitored by the index.
Hospitality tops the charts among growth sectors regionally, with online job opportunities in the sector rising 22 per cent between March 2012 and March 2013.
This was followed by Education (up 10 percent) whereas chemicals/plastic/rubber, paints, fertilizer/pesticides (down 23 per cent) registered the steepest annual decline.