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Online job adverts fell by -15% on an annual basis in the MENA region, as employers have been posting fewer positions online, according to the Monster Employment Index Middle East.
Saudi Arabia, however, bucked the trend and saw a +3% rise in online recruitment activity thanks to a +34% increase in the Oil & Gas sector, followed by Education with an increase of +13%.
Muhammad Aamer Klasson, recruitment consultant at Saudi Networkers Services (SNS), commented: “The Saudi job market has been very stable because of the stronger economy, even during the global crunch. The dominance of recruitment in the Energy, Oil & Gas, and Education sectors is purely because of the stability of these sectors and the fragility of others, including the IT, Telecom, Construction, Finance, and Fast Moving Consumer Goods sectors. The major strength of Oil & Gas lies in the fact that it is the backbone of the Kingdom’s economy and a lifeline for global users.”
Klasson added that the rise in Education-related recruitment is purely because of the government’s commitment to revolutionize the sector. “We have seen many state-of-the-art institutions, colleges and universities being built all over the Kingdom. These world-class education institutions have resulted in an increase in recruitment activity in Saudi Arabia."
The UAE faced the biggest fall in the region with a -31% drop, according to the index. The customer service sector in the UAE recorded a -46% fall in job opportunities and the production and manufacturing sectors were also prone to deceleration. The index measures online job postings on a monthly basis after monitoring the analysis of a number of job websites and career vacancy postings by employers in the region.
A major downturn was noticed in the Engineering, Retail and Manufacturing sectors, mainly the manufacturing sector with a -34% decrease, while the health care, education, communications and hospitality sectors showed effective progress. Consumer goods, IT, Chemicals and Telecoms sectors came under average rating.
According to The Monster Employment Index Middle East, Egypt ranked highest among all countries in the annual growth of online job postings with a +17% increase from last year.
Sanjay Modi, managing director of monster.com India, Middle East and South East Asia, said: “Owing to the global business scenarios, employers in the Middle East continue to adopt a cautious approach in hiring. This is reflective in the double-digit drop in the Monster Employment Index."
Qatar ranked second with its sustained financial affluence, resulting in a +11% climb in job postings, followed by Bahrain and Saudi Arabia. Declines were reported in Oman and Kuwait.