Wednesday 4 April 2012

Hiring picks up on last year but caution remains - The National

Move over corporate earnings season, several new hiring and salary reports were released yesterday - showing mixed results in the Emirates.

In what may be worrisome to jobseekers, only 49 per cent of companies in the UAE said they were hiring for managerial and professional positions during the first quarter this year, down 13 percentage points from the previous quarter and led by drops in the electronics and fast-moving consumer goods sectors.

Although most local employers - 54 per cent - expect to hire over the coming quarter, that is down from 58 per cent in the last quarter, according to data from the recruitment firm Antal International.

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