Monster Employment Index Middle East registers 11 Percent Growth in Online Recruitment Activity, Year-on-Year

July 2014 Index Highlights

• Monster Employment Index Middle East surges 11 percent between July 2013 and 2014. The annual growth is significant despite moderation in pace of growth
• Chemicals/ Plastic/ Rubber, Paints, Fertilizer/ Pesticides industry registers the steepest growth in online recruitment year-on-year
• Online recruitment activity eased the most in Consumer Goods/ FMCG, Food & Packaged Food, Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery sector
• Hospitality and Travel witness the most notable growth in demand annually 
• UAE continues to exhibit the steepest annual growth in online recruitment while Qatar is the only country to record a negative growth on the year
  
The Monster Employment Index is a monthly gauge of online job posting activity in Middle-East based on a real-time review of tens of thousands of employer job opportunities culled from a large representative selection of career Web sites and online job listings. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.

"Online recruitment as per the Monster Employment Index is significantly above that in the corresponding period a year ago. However, the growth momentum this month is the lowest since September 2013. The growth impetus in the region this year has been primarily driven by growth in BFSI; Retail/Trade and logistics; Hospitality; and also the Healthcare sector.  The UAE continued an upward trend, with a 26 percent year-on-year growth.”

"KSA edged up by eight percent between July 2013 and 2014 with Advertising, Market Research, Public Relations, Media and Entertainment charting the steepest annual growth among all industry sectors. While the Oil and Gas industry is showing a notable annual decline, the Sales and BD professionals continue to lead the way in terms of long-term growth," said Sanjay Modi, Managing Director, Monster.com (India/ Middle- East/ South East Asia/ Hong Kong).