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Hiring in the creative and media industry in Saudi Arabia is booming, while the oil sector registers a negative growth in job listings year on year, says Monster Gulf
 
  • Saudi Arabia registers the highest long term growth in employment among all other GCC countries, according to data compiled by Monster Employment Index KSA
  • The creative industry (Advertising, Market Research, Public Relations, Media and Entertainment) maintains its top position with a 55% growth in job listings year on year
  • Oil sector registers a negative growth

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.

“Monster Employment Index KSA continues to highlight a positive trend in employment growth, which indicates a healthy and strong economy. As compared to last year, overall online job listings in the Kingdom have increase by 30%, led by a 55% increase in the Advertising, Market Research, Public Relations, Media and Entertainment Industry.  As the country is preparing to open up to foreign investment, local and international firms operating in Saudi Arabia are excited at the prospect of promoting their products and services, which has led to a significant increase in demand for creative talent,” said Sanjay Modi, Managing Director, Monster.com (India, Middle East, South East Asia and Hong Kong).

“Impacted by the drop in oil prices, the KSA oil sector has been the worst performer last month and the only one registering a negative growth of 3% year on year. Companies operating in the oil sectors are keeping a tight grip on their budgets and our data suggests hiring in this sector has slowed down considerably, ” added Modi.  

KSA Top Growth Industries

 

KSA Lowest Growth Industries

Year-over-year Growth

Mar

14

Mar

15

% Growth

Y-o-Y

 

Year-over-year Growth

Mar

14

Mar

15

% Growth Y-o-Y

Advertising, Market Research, Public Relations, Media and Entertainment

109

169

55%

 

Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery

94

100

6%

Hospitality

147

205

39%

 

Health Care

102

108

6%

Engineering, Construction and Real Estate

92

123

34%

 

Oil and Gas

103

100

-3%

 

KSA Top Growth Occupations

 

KSA Lowest Growth Occupations

Year-over-year Growth

Mar 14

Mar

15

% Growth

Y-o-Y

 

Year-over-year Growth

Mar

14

Mar

15

% Growth Y-o-Y

Engineering and Production

108

155

44%

 

HR & Admin.

116

134

16%

Software, Hardware, Telecom

108

154

43%

 

Sales and BD

163

188

15%

Purchase / Logistics / Supply Chain

105

148

41%

 

Health Care

99

104

5%

MENA Year-over-year Trends: Six out of seven countries monitored by the Index indicated increase in availability of online jobs year-on-year.

  • KSA (up 30 percent) supplanted Egypt (up 28 percent) to lead all monitored countries by the way of long-term growth.
  • UAE (up 17 percent) registered a positive annual growth this month. Year-on-year, recruitment activity eased 10 percent in January 2015 and matched that of February 2014 the following month  before picking up again this month
  • Kuwait (down seven percent) is the only country to exhibit negative annual growth rate even this month. The rate of growth has however improved slightly.  
Year-over-year Growth Mar 14 Mar 14 % Growth Y-o-Y
KSA 113 147 30%
Egypt 148 189 28%
Oman 102 121 19%
UAE 102 119 17%
Bahrain 121 140 16%
Qatar 126 143 13%
Kuwait 135 126 -7%

Posted by : Kuwait PR Network Editorial Team
Viewed 186361 times
PR Category : Others
Posted on : Thursday, April 9, 2015  5:13:00 PM UAE local time (GMT+4)
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