{"id":44161,"date":"2024-12-12T15:35:24","date_gmt":"2024-12-12T10:05:24","guid":{"rendered":"https:\/\/www.founditgulf.com\/career-advice\/?p=44161"},"modified":"2025-09-29T12:32:52","modified_gmt":"2025-09-29T07:02:52","slug":"foundit-insights-tracker-gulf-oct-2024","status":"publish","type":"post","link":"https:\/\/www.founditgulf.com\/career-advice\/foundit-insights-tracker-gulf-oct-2024\/","title":{"rendered":"Gulf Hiring Trends: October 2024 Sees 11% YoY Growth: Insights from the foundit Tracker\u00a0"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Key Highlights of the Month<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The Gulf\u2019s foundit Insights Tracker (FIT) recorded an <strong>11% annual rise in online recruitment <\/strong>activity, with the index climbing from 128 in October 2023 to 141 in October 2024. Month-over-month, the index remained stable at 140, but a <strong>3% decline over the past six months <\/strong>reflects a dynamic and evolving job market. Despite this, steady annual growth highlights a promising recovery trajectory.<strong> <\/strong>&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<a style=\"display: inline-block;background-color: #7900c6;color: #fff;text-align: center;padding: 10px 20px;text-decoration: none;font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/www.founditgulf.com\/career-advice\/wp-content\/uploads\/2024\/12\/Gulf-Hiring-Trends-in-Oct24.pdf\" target=\"_blank\" rel=\"noopener\">Download Oct 2024 fit Report (Gulf) PDF<\/a>\n<\/div>\n\n\n\n<div style=\"text-align: center;\">\n  <iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vRt-DVCN52nNZPRefBrTQG6Bt_6p_2eG72ozE2_DufUNd--cDQQKiPnpW4uhaur01rkvlkDz_jHkpLI\/embed?start=true&#038;loop=true&#038;delayms=3000\" frameborder=\"0\" width=\"880\" height=\"500\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n<\/div>\n\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Month-on-Month (MoM) Hiring Trends <\/strong>&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Industry Trends<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.founditgulf.com\/search\/education-jobs-in-saudi-arabia\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Education<\/strong><\/a><strong> (+12%)<\/strong> saw the strongest growth, reflecting robust demand for learning programs.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.founditgulf.com\/search\/fresher-construction-engineering-jobs-in-qatar\" target=\"_blank\" rel=\"noopener\" title=\"\">Engineering &amp; Construction<\/a> (+5%)<\/strong> and <strong>Hospitality (+3%)<\/strong> showed steady expansion.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Declines in <strong>Consumer Goods\/FMCG (-5%)<\/strong>, <strong><a href=\"https:\/\/www.founditgulf.com\/search\/healthcare-jobs-in-bahrain\" target=\"_blank\" rel=\"noopener\" title=\"\">Healthcare<\/a> (-3%)<\/strong>, and <strong>IT &amp;<a href=\"https:\/\/www.founditgulf.com\/search\/telecom-jobs-in-saudi-arabia\" target=\"_blank\" rel=\"noopener\" title=\"\"> Telecom<\/a> (-2%)<\/strong> indicate sector-specific challenges.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Functional Area Trends<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Customer Service (+7%)<\/strong> led the functional growth, followed by <strong><a href=\"https:\/\/www.founditgulf.com\/search\/fresher-hr-jobs-in-qatar\" target=\"_blank\" rel=\"noopener\" title=\"\">HR<\/a> &amp; Admin (+4%)<\/strong> and <strong>Sales &amp; BD (+4%)<\/strong>.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Declines were evident in <strong>Marketing &amp; Communications (-5%)<\/strong>, <strong>Healthcare (-5%)<\/strong>, and <strong><a href=\"https:\/\/www.founditgulf.com\/search\/finance-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Finance<\/a> &amp; <a href=\"https:\/\/www.founditgulf.com\/search\/accounting-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Accounting<\/a> (-2%)<\/strong>, highlighting budgetary pressures.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Regional Trends<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.founditgulf.com\/search\/jobs-in-uae\" target=\"_blank\" rel=\"noopener\" title=\"\">UAE<\/a> (+5%)<\/strong> emerged as the top-performing region, with <strong><a href=\"https:\/\/www.founditgulf.com\/search\/jobs-in-egypt\" target=\"_blank\" rel=\"noopener\" title=\"\">Egypt<\/a> (+2%)<\/strong> and <strong><a href=\"https:\/\/www.founditgulf.com\/search\/jobs-in-bahrain\" target=\"_blank\" rel=\"noopener\" title=\"\">Bahrain<\/a> (+1%)<\/strong> also posting gains.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Contractions were observed in <strong>KSA (-4%)<\/strong>, <strong><a href=\"https:\/\/www.founditgulf.com\/search\/jobs-in-kuwait\" target=\"_blank\" rel=\"noopener\" title=\"\">Kuwait<\/a> (-1%)<\/strong>, and <strong><a href=\"https:\/\/www.founditgulf.com\/search\/jobs-in-oman\" target=\"_blank\" rel=\"noopener\" title=\"\">Oman<\/a> (-5%)<\/strong>, reflecting regional economic adjustments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Hiring Trends &#8211; Industry<\/strong>&nbsp;<\/h3>\n\n\n\n<p><em>11 of the 12 industries monitored experienced annual growth in October 2024.<\/em>&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>In Demand:<\/strong>&nbsp;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Education (+27%)<\/strong> led the growth, driven by the increased demand for online learning.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Engineering, Construction, and Real Estate (+20%)<\/strong> benefitted from large-scale infrastructure projects.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Hospitality (+14%)<\/strong> rebounded with a surge in tourism, while <strong>Oil &amp; Gas (+13%)<\/strong> saw consistent demand.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Consumer Goods\/FMCG (+12%)<\/strong> and <strong><a href=\"https:\/\/www.founditgulf.com\/search\/production-jobs-in-al-kuwait\" target=\"_blank\" rel=\"noopener\" title=\"\">Production<\/a>\/<a href=\"https:\/\/www.founditgulf.com\/search\/fresher-manufacturing-jobs-in-bahrain\" target=\"_blank\" rel=\"noopener\" title=\"\">Manufacturing<\/a> (+9%)<\/strong> were bolstered by strong consumer activity.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Facing Challenges:<\/strong>&nbsp;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Retail\/Trade and Logistics (-4%)<\/strong> faced setbacks due to supply chain disruptions and shifting consumer habits.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Hiring Trends &#8211; Functional Area<\/strong>&nbsp;<\/h3>\n\n\n\n<p><em>Recruitment activity expanded across most functional areas.<\/em>&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>In Demand:<\/strong>&nbsp;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>HR &amp; Admin (+38%)<\/strong> topped the charts, reflecting organisational restructuring and recruitment drives.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Engineering &amp; Production (+25%)<\/strong> and <strong>Software, Hardware, Telecom (+25%)<\/strong> experienced growth, driven by industrial activity and tech adoption.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Purchase\/Logistics\/Supply Chain (+24%)<\/strong> gained momentum due to operational efficiencies.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Facing Challenges:<\/strong>&nbsp;<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Customer Service (-17%)<\/strong> and <strong>Finance &amp; Accounting (-15%)<\/strong> faced the steepest declines, attributed to automation and cost-control measures.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Marketing &amp; Communications (-12%)<\/strong> also contracted due to budgetary constraints.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker<\/strong>&nbsp;<\/h3>\n\n\n\n<p>The foundit Insights Tracker (FIT), formerly the Monster Employment Index, provides a comprehensive view of online recruitment trends in the Gulf. By analysing millions of job postings across key industries and functional areas, FIT offers invaluable insights for job seekers and recruiters alike. For more details, visit <a href=\"http:\/\/founditgulf.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">founditgulf.com<\/a>.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights of the Month&nbsp; The Gulf\u2019s foundit Insights Tracker (FIT) recorded an 11% annual rise in online recruitment activity, with the index climbing from 128 in October 2023 to 141 in October 2024. Month-over-month, the index remained stable at 140, but a 3% decline over the past six months reflects a dynamic and evolving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-44161","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights-tracker"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/posts\/44161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/comments?post=44161"}],"version-history":[{"count":4,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/posts\/44161\/revisions"}],"predecessor-version":[{"id":44175,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/posts\/44161\/revisions\/44175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/media\/17264"}],"wp:attachment":[{"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/media?parent=44161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/categories?post=44161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.founditgulf.com\/career-advice\/wp-json\/wp\/v2\/tags?post=44161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}