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HomeCareer AdviceInsights TrackerUAE job market is slowing down; MEI shows which sectors are still hiring

UAE job market is slowing down; MEI shows which sectors are still hiring

Last updated on: 16th June 2023 | By Team foundit
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  • The Monster Employment Index year-on-year growth rate slows down from 24 percent in September 2015 to 14 percent in October 2015. 
  • Year-on-year, BFSI; and IT and Telecom/ISP lead all industry groups in the Middle East yet again.
  • Education sector in the Middle East records the most notable decline this month closely followed by the Oil and Gas sector.
  • Steepest growth in demand in The Middle East is that of HR & Admin.; and Health Care professionals.
  • Kuwait; Egypt; and UAE are the top employment generating countries on a year-on-year basis.

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The foundit team transforms hiring by connecting job seekers with the right opportunities. They specialise in talent acquisition, business growth, and customer success. They connect job seekers with the right job role and help organisations build high-performing teams. With innovative technology, they make recruitment faster, and more effective for both employers and job seekers.

HomeCareer AdviceInsights TrackerUAE job market is slowing down; MEI shows which sectors are still hiring
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