Big Project ME September 2016

Page 11

The big picture

UAE sees 6% growth in construction jobs More online job postings in July despite decline in wider Gulf and Egypt The UAE construction industry is hiring, with an increase in jobs posted online over the last year, despite a decline in the wider Arabian Gulf and Egypt, a new report shows. Engineering, construction and real estate is now the third-fastest growing sector for recruitment in the UAE, according to a report by Monster. com. The recruitment website’s monthly Monster Employment Index showed a 6% increase in online job postings in July compared to the same time last year. That bucked the wider trend in the UAE, with a 22% decline in overall online job postings. There was also a 12% decline

in job listings in the engineering, construction and real estate sector in the Gulf and Egypt region as a whole, with the index for that sector now at its lowest level for at least a year. Healthcare is the fastest growing occupation in the

12%

Decline in overall job postings in engineering, construction and real estate sector for Gulf and Egypt region

UAE, providing a boost to the construction industry, said Sanjay Modi, managing director for the APAC and Middle East regions at Monster.com, in a statement: “Amid an uncertain employment landscape in the UAE, healthcare continues to demonstrate strong demand for medical professionals, and with exciting plans ahead in the industry, opportunities are bound to arise across other sectors as well, including construction, technology and education, which will be needed to support these initiatives.” Monster.com cited recent developments in the healthcare field, including the construction of a number of new international

hospitals across the UAE and a $2 billion project to establish a modern medical university by 2017. The Monster Employment Index measures job posting activity in the Middle East, based on data from many employers and online recruitment sites. The overall index fell 31% year-on-year in July, with only Bahrain, Kuwait and Oman recording positive annual growth in listings. Egypt had the most notable decline in online recruitment among monitored countries, with a 34% drop in listings. In Saudi Arabia, the oil & gas sector had the strongest growth, with 46% growth in job listings, while engineering and production fell 30%.

Growing sector Engineering, construction and real estate is now the third-fastest growing sector for recruitment in the UAE.

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