JOB MARKET REVIEW – UAE (FEBRUARY 2016)
UAE is looking to recruit healthcare professionals
February 2016 Index Highlights
Monster Employment Index UAE registers a 45 percent growth, year-on-year
Healthcare industry registers the steepest growth in e-recruitment activity on the year
Oil and Gas industry continues to exhibit steepest decline
Year-on-year, Sales and BD professionals record the most notable growth in demand
The UAE remains one of the best performing GCC markets in terms of employment opportunities, according to the latest Monster Employment Index, with strong job demand coming from the healthcare, education and IT & telecom industries.
UAE and Kuwait are the only GCC countries not witnessing a decline in job demand, with a respective growth in February 2016 of 45% and 21% year to date.
“E-demand for jobs in the healthcare industry has increased 76% year to date, while demand for healthcare professionals in the UAE has also exhibited impressive growth of 66% year to date. As the region continues to look for better talent in this industry, professionals with the right mix of expertise and skills are highly sought-after,” said Sanjay Modi, Managing Director, Monster.com (India, Middle East, South East Asia and Hong Kong).
According to Alpen Capital, the UAE healthcare market is projected to reach $19.5 billion (Dh71.56 billion) by 2020, achieving an annual average growth of 12.7 per cent, marginally higher than the GCC growth average.
“Dubai Healthcare Authority (DHA) has, in recent years, been promoting the Emirate as a medical tourism hub, and I expect more investment in this industry to further stimulate the job market. In 2015, 150,000 medical tourists used 1,400 of the emirate’s 2,900 healthcare facilities, coming from with the UAE, the GCC, Asia and Europe. The DHA expects this statistic to increase to 170,000 medical tourists in 2016, with revenues of about $300 million,” added Modi.