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Healthcare, retail, logistics lead UAE job market

DUBAI: Healthcare continued to lead the industry growth charts in the UAE for the second month in a row with a 38 percent growth in online job posts year-on-year, according to report by a leading recruitment portal.
The next best sector that offer job opportunities is retail/trade and logistics, with 36 percent growth in online job posts, Emirates 24/7 quoted the Monster Employment Index.

This is followed by consumer goods/FMCG, food & packaged food, home appliance, garments/textiles/leather, gems & jewelry, with a growth of 32 percent in job opportunities posted online year-on-year, the report said.
Areas where jobs are difficult to land these days include advertising, market research, public relations, media and entertainment; hospitality; and oil and gas, it added.

These sectors show negative demand of 13 percent, 17 percent and 22 percent decrease in e-recruitment activity year-on-year respectively, said the Dubai-based news portal.

Overall, online recruitment activity in the UAE reportedly rose by 24 percent on the year while the annual growth momentum eased 21 percentage points between February and March 2016. The findings place the country as one of the best performing markets in the region on the index.

For the GCC, job demand reportedly exceeded the year-ago level by 8 percent in March 2016 and exhibited the first positive monthly growth since November 2015, up 7 percent.

“Despite negative economic projections, growth momentum in the GCC region is still positive,” Sanjay Modi, managing director, Monster.com (India, Middle East, South East Asia and Hong Kong), was quoted as saying by Emirates 24/7.

“According to the International Monetary Fund, the reason why the UAE continues to achieve new levels of economic growth despite a strong US dollar and low oil prices is due to its ‘prudent financial policies and sound economic methodology’. Early market liberalization and deregulation has successfully led the country to open up its banking sector to domestic and foreign financial institutions, while also attracting major non-oil foreign trading partners and suppliers,” said the report.

The Monster Employment Index is a monthly gauge of online job posting activity in Middle East based on real-time review of tens of thousands of employer job opportunities across a large representative selection of career web sites and online job listings.

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