The global solution for human resource professionals, combines custom research, strategic white papers, country primers, webinars and OnDemand educational programs, and the expert guidance you’ve...
By Jenny David
Aug. 5—Online job postings grew in five of seven Middle Eastern countries and in eight of 11 occupational groups in the past year, according to the Monster Employment Index (MEI), a monthly survey of online job postings in the Middle East.
The United Arab Emirates led the trend with 25 percent growth, followed closely by Egypt at 23 percent. The Egyptian online market has grown most consistently, the index found, with double-digit year-on-year growth rates registered monthly since May 2013.
Online recruitment grew at a slower but still steady rate in Oman, Kuwait and Saudi Arabia, held flat in Bahrain and fell by 5 percent in Qatar, the first drop in that country since March 2012, according to MEI. Regional growth in online recruitment has averaged 23 percent since June 2013.
The hospitality industry—“a key driver of economic growth and diversification for many Gulf countries,” according to Sanjay Modi, managing director of Monster.com—led all other sectors in long-term growth. Including the travel industry, the sector registered a 59 percent increase in online job postings between June 2013 and June 2014, about a third of the increase recorded in the past three months alone. Following a slump in 2013, online advertising of engineering and production jobs also jumped in 2014, resulting in a cumulative 11 percent increase for the year, the index found.
The banking, financial services and insurance (BFSI) sector also continued to rank among the top industries for online postings, showing 30 percent year-on-year growth, although online job offers in the sector have dropped by 6 percent since December 2013, perhaps indicating a slowdown.
Online recruitment in engineering, construction and real estate showed a 4 percent increase in the past year, according to MEI, while job offers in production/manufacturing, automotive and ancillary services remained relatively constant, albeit at very low levels.
Although online job postings increased in most sectors, some industries showed steep declines. Online recruitment for the consumer packaged goods, fast-moving consumer goods, home appliance, textiles and gem and jewelry sectors dropped by 25 percent compared to June 2013, the index found.
Legal services were also down, by 5 percent since June 2013, and customer service registered the steepest decline among all occupation groups—29 percent.
In the UAE, the BFSI sector showed the greatest annual increase in online job postings at 17 percent year-on-year growth. By contrast, the advertising, market research, public relations, media and entertainment sector registered the steepest annual decline at 19 percent.
In Saudi Arabia, by contrast, online recruitment for advertising, market research, public relations, media and entertainment jobs grew by 25 percent, led by sales and business development professionals for the fourth consecutive month, the survey said. Saudi Arabia's oil and gas sector offered the highest number of jobs online.
To contact the reporter on this story: Jenny David in Jerusalem at email@example.com
To contact the editor responsible for this story: Rick Vollmar at firstname.lastname@example.org
The Monster Employment Index is 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,” according to the company, and provides “an aggregate measure of the change in job listings across the industry.” The MEI Middle East is available at http://media.monstergulf.com/logos/mei/emom/MEI_Gulf_June14.pdf.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)