52207
UAE Hiring Slumps 33%
World Economy

UAE Hiring Slumps 33%

Hiring in the UAE slowed significantly in September as market conditions remained uncertain but forecasts suggest employment prospects could pick up in 2017, Arabian Business reported. According to the Monster Employment Index, the UAE registered a 33% year-on-year decline in overall job opportunities posted online compared to September 2015. It said the continuing decline observed over the past three months could be attributed to the lingering oil prices and the challenging market conditions that have made companies hesitant about growing their workforce.

 

Short URL : https://goo.gl/F8RlFQ
  1. https://goo.gl/z4lv4I
  • https://goo.gl/4aznIk
  • https://goo.gl/f5jm5C
  • https://goo.gl/SiWucQ
  • https://goo.gl/vhY8V3

You can also read ...

Saudi Arabia Bleeds as Capital Flight Continues
As Saudi Arabia raises the stakes in its dispute with Canada...
Experts Say China Economy Manageable
Recent external pressures, a general global trade malaise...
Europe Should Resist Illegal US Penalties
European countries should take effective steps to counter US...
Qatar Pledges $15b Investment :      Turkish Lira Weakens 6% on Threat of More US Sanctions
Turkey’s battered lira weakened more than 6% against the...
 Final Nail in Abraaj Coffin
The Abraaj Group has been put through the ringer in past...
Australia Drought Could Cost $12 Billion
The Reserve Bank of Australia and a new report have warned of...
Indonesia Sets Moderate Growth Goals
Amid rising external pressures, Indonesia’s economy is...
 Crypto Scams on the Rise in UK
Crypto currency scams are using images of celebrities and...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus