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May 2014 Index Highlights
• Monster Employment Index Middle East continues to exhibit robust growth; rises 19 percent on the year
• Year-on-year, BFSI registers the most notable expansion among all monitored sectors even in May
• Online recruitment activity contracts the most in Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery sector yet again
• Among occupation groups, the most notable improvement in annual demand is marked in case of Marketing & Communications/Arts/Creative professionals followed by Hospitality and Travel
• Kuwait leads all countries monitored by the Index by the way of long-term growth
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. “Monster Employment Index Gulf continues to trend along a strong growth path compared to last year exhibiting a 19% YOY growth. This month UAE recorded a positive 8% YOY growth after almost 14 months of slump. UAE registered a robust YOY growth of 19% in Engineering, Construction and Real Estate sector, thanks primarily to the demand for property in the country. Egypt and Kuwait are the two economies which have exhibited the maximum improvement in online hiring annually while Qatar shows the most stable hiring trends. Meanwhile in KSA Advertising, Market Research, Public Relations, Media and Entertainment lead all sectors by the way of long-term growth demonstrating a 15% YOY growth.” said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ Hong Kong/ South East Asia).
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