 July 2013 Index Highlights: - Monster Employment Index Middle East declines nine percent on an annual basis
- Education followed by BFSI leads all industry sectors in annual growth
- Among occupation groups Legal exhibit strongest growth year-over-year; Customer Service registers steepest annual decline
- Egypt leads all countries in annual growth. UAE registers steepest annual decline
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry. “The decline in annual growth is reflective of the prevailing challenging economic conditions. Keeping this in mind, companies are adopting a cautious approach while hiring which is reflected in the index,” said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia). Industry Year-over-Year Trends: Online opportunities exceeded July'12 levels in six of the 13 industry sectors monitored by the index. - Education (up 12 percent) led all sectors followed by BFSI (up 11 percent)
- Production/Manufacturing, Automotive and Ancillary (down 25 percent) registered the steepest annual decline
Top Growth Industries | | Lowest Growth Industries | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | Education | 132 | 148 | 12% | | IT and Telecom/ISP | 102 | 94 | -8% | BFSI | 109 | 121 | 11% | | Hospitality | 139 | 125 | -10% | Advertising, Market Research, Public Relations, Media and Entertainment | 124 | 130 | 5% | | Retail/Trade and Logistics | 141 | 112 | -21% | Health Care | 111 | 116 | 5% | | Chemicals/ Plastic/ Rubber, Paints, Fertilizer/ Pesticides | 93 | 71 | -24% | Engineering, Construction and Real Estate | 126 | 128 | 2% | | Production/Manufacturing, Automotive and Ancillary | 124 | 93 | -25% |
Occupation Year-over-Year Trends: Five of 11 occupation groups registered improved online demand over the year
- Legal (up 10 percent) led all occupational groups in year-over-year growth
- Customer service (down 41 percent each) professionals registered the weakest long-term trend
Top Growth Occupations | | Lowest Growth Occupations | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | Legal | 88 | 97 | 10% | | Finance and Account | 114 | 105 | -8% | Marketing & Communications/Arts/Creative | 116 | 127 | 9% | | HR & Admin. | 128 | 117 | -9% | Health Care | 110 | 119 | 8% | | Software, Hardware, Telecom | 123 | 109 | -11% | Hospitality and Travel | 119 | 120 | 1% | | Purchase / Logistics / Supply Chain | 111 | 79 | -29% | Sales and BD | 150 | 151 | 1% | | Customer service | 123 | 73 | -41 |
Geographic Year-over-year Trends: Online opportunities exceeded July'12 level in four of the seven countries monitored by the Index. - Egypt (up 27 percent) followed by Qatar (up 13 percent) led all countries in year-over-year growth
- UAE (down 30 percent) registered the steepest decline over the past 12 months
Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | Egypt | 109 | 138 | 27% | Qatar | 118 | 133 | 13% | KSA | 105 | 112 | 7% | Bahrain | 117 | 118 | 1% | Oman | 103 | 96 | -7% | Kuwait | 140 | 114 | -19% | UAE | 127 | 89 | -30% |
UAE Highlights - UAE registers annual 30 percent annual decline
- Health Care and BFSI (up 0 percent) are the only industry sectors that have not recorded the negative annual growth
- Health Care (up 2 percent each) is the only occupation group to record the positive annual growth
UAE Top Growth Industries | | UAE Lowest Growth Industries | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | BFSI | 112 | 112 | 0% | | Oil and Gas | 101 | 85 | -16% | Health Care | 107 | 107 | 0% | | Hospitality | 135 | 109 | -19% | Advertising, Market Research, Public Relations, Media and Entertainment | 113 | 109 | -4% | | Production/Manufacturing, Automotive and Ancillary | 124 | 91 | -27% |
UAE Top Growth Occupations | | UAE Lowest Growth Occupations | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | | Year-over-year Growth | Jul 12 | Jul 13 | % Growth Y-o-y | Health Care | 128 | 131 | 2% | | Software, Hardware, Telecom | 111 | 81 | -27% | Marketing & Communications/Arts/Creative | 96 | 92 | -4% | | Purchase / Logistics / Supply Chain | 93 | 59 | -37% | Finance and Account | 112 | 107 | -4% | | Customer service | 105 | 54 | -49% |
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