Growth of Gulf jobs market slows down

NULL

The Gulf jobs market has registered a big slowdown in October, as oil prices continue their downward trend, according to recruitment firm Monster. According to the Monster Employment Index, which measures real-time online job demand in the region, the year-on-year growth rate slowed from 24% in September to 14% in October. The education sector in the Middle East recorded the most notable decline in October, closely followed by the oil and gas sector. Meanwhile, banking, financial services and IT and telecoms remain the best performing industry groups in the region.

More from Local

Coming Up on Dubai Eye

  • The Music Mix

    11:00pm - Noon

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!