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Middle East – Online vacancies drop, employers cautious

17 June 2013

The Monster Employment Index Middle East, a monthly gauge of online job posting activity in the region, declined by an annual rate of -14% in May, job site Monster Worldwide said on Monday.

“The double-digit drop in the Monster Employment index is owing to the cautious approach adopted by Middle East employers owing to the business scenario globally,” said Sanjay Modi, Managing Director at Monster.com (India/ Middle- East/ South East Asia).

Despite the overall decline rate, some sectors bucked the trend as online opportunities grew +20% in education, followed by hospitality. The steepest declines were registered in chemicals/ plastic/ rubber, paints, fertilizer/ pesticides, down -39% from a year ago.

Three of 11 occupation groups monitored by Monster registered improved online demand over the year with healthcare in the lead, up +15%. But customer service and software, hardware, telecom registered sharp declines of -30% each.

Geographic trends show online opportunities improved in four of seven countries with Egypt (+16%) and Bahrain (+13%) boasting the best growth grates. Meanwhile Kuwait was at the bottom of the list, registering the steepest drop in job opportunities at -26%.

In Saudi Arabia, online recruitment activity rose +8% during May, driven by strong demand in the oil & gas sector. The UAE posted an overall decline in online vacancies of -19% despite a strong increase in the healthcare sector. 

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