Optimism returns to UAE job market...

Hiring sentiment seems positive in the second half of this year but UAE employers are expected to remain cautious with a calculative approach when it comes to increasing their headcount.

Confidence is returning to the market but external events such as the happenings in the Eurozone may have a dampening effect on hiring levels in the country, say experts.

“[We] believe that there should be some measured confidence in the recruitment market. Industry in general now has a period of relative certainty ahead of it and companies have plans beyond just keeping costs at a minimal level,” Toby Simpson, Managing Director at The Gulf Recruitment Group told Emirates 24|7.

“The job market is not immune to global shocks, such as possible contagion from the Eurozone, China or even India. However, GCC governments should now be able to respond quickly to limit any damage to local economies by speeding up the funding and implementation of capital projects, more inward equity investment and limited support of regional debt markets,” added Simpson.

Moreover, the period after Ramadan is generally stronger and there are more available jobs in the country.