Tuesday 16 June 2015

Recruitment in UAE oil and gas down by a fifth, new study shows | The National

Recruitment in UAE oil and gas down by a fifth, new study shows | The National:



"Online recruitment in the UAE grew last month compared to the same period last year even as the price of Brent crude oil has nearly halved since then.



The pace of online demand grew 5 per cent on the year, according to the Monster Employment Index UAE compiled by online job portal Monster.com.



Reflecting a slowdown in the construction sector, the activity fell by 23 per cent in engineering, construction and real estate sectors followed by a 19 per cent drop in the oil and gas sectors. This is in line with the rest of the Middle East region where online hiring demand in manufacturing, automotive and oil and gas sectors have dipped."



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