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Sunday, 18 August 2013

Jobs: Opportunities rising in UAE

Jobs openings for professionals in the UAE may not be piling up as in the pre-global slowdown era, but the labour market is definitely seeing a consistent growth and reporting decent increase in the number of new jobs that are being added – a healthy sign that many believe is a precursor to the November results of the Expo 2020.

According to the latest Morgan McKinley UAE employment monitor, professional job opportunities in the UAE have increased by 6 per cent between Q2 2012 and Q2 2013.

Not reminiscent of the boom years but the job market is finally showing the right signs. “For professional jobs, the UAE remains an employers’ market. But for the first time in four or five years, hiring managers are looking externally to source the best talent and this positive outlook is certainly filtering down to jobseekers,” noted Trefor Murphy, Managing Director, Morgan McKinley UAE.

Recruitment activity in the professional jobs market increased by 2 per cent between Q1 2013 and Q2 2013 – there were 6,189 jobs recorded in Q1 and 6,310 in Q2. This represents a 6 per cent rise when compared to Q2 2012 when vacancy levels stood at 5,861, says the survey.

Professionals looking for new positions in Q2 2013 totalled 32,760. This represents a 3 per cent increase on the 31,898 that were seeking work in Q1, and an 18 per cent rise on the 27,790 jobseekers who were searching for new job opportunities in Q2 2012.

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