UAE job mar­ket steady

7 Days in Dubai - - BUSINESS -

The UAE is one of only three GCC coun­tries to reg­is­ter a pos­i­tive an­nual growth rate in job op­por­tu­ni­ties, while the re­gion as a whole reg­is­tered a record low growth rate of neg­a­tive 21 per cent in June 2016, as com­pared to the same pe­riod last year. Ac­cord­ing to the Mon­ster Em­ploy­ment In­dex (MEI), job op­por­tu­ni­ties listed in the UAE showed a pos­i­tive growth trend in June 2016 and are up by 10 per cent, as com­pared to the same pe­riod last year. San­jay Modi, Manag­ing Di­rec­tor - APAC and Mid­dle East, Mon­ster.com, said: “The UAE is seen by economists as the most promis­ing econ­omy in MENA. UAE’s GDP is fore­cast to grow by three per cent this year - one per cent higher than the World Bank’s orig­i­nal fore­cast of two per cent.” In the UAE, health­care con­tin­ues to be the in­dus­try where job de­mand is soar­ing, with listed job op­por­tu­ni­ties up by 46 per cent in June 2016 as com­pared to the same pe­riod last year.

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