Online hiring in GCC rises by 30% in Q3: Monster Gulf
Online hiring in the Gulf Cooperation Council (GCC) countries registered a 30 percent increase during the third quarter of 2018, recruitment consultancy Monster Gulf said on Monday.
Despite experiencing a slight decline from Q1 to Q2 2018, online recruitment demand in the GCC has been steadily increasing on a quarterly basis since Q4 2017, it added.
“The growing online hiring trends experienced across the GCC region can be largely attributed to the various reforms and stimulus packages being rolled out by regional governments to advance the non-oil sector," said Abhijeet Murkherjee, chief executive officer, Monster Gulf, APAC.
"Reforms designed to promote the private sector, such as the introduction of long-term visas for professionals and easier licensing requirements for new businesses, will catalyze market competitiveness and job demand,” he added.
According to the report, the technology sector is the top hiring industry of 2018 at 40 percent growth from the same period last year.
Other industries actively hiring online include consumer goods and oil and gas which both registered a 22 percent growth each followed by production (including manufacturing) and business, financial services and insurance which grew by 17 and 16 percent, respectively.
Education registered a 12 percent surge, while chemicals, healthcare and hospitality all profited from equal growths of eight percent.
Engineering (including construction) and retail (including trade and logistics) increased by seven and three percent, respectively, the report added.