Dubai businesses 'see stable employment levels'

09/09/2009 - Dubai Investment News
Dubai businesses 'see stable employment levels'

Written by Bob Brunskill

Businesses in Dubai may welcome the results of a new study that has highlighted the stability of the employment sector in the region.

Antal's Global Snapshot looked at the market trends across more than 30 countries and discovered that the hiring of professionals and managers held at 46 per cent across the United Arab Emirates (UAE).

The survey considered 7397 companies across western and eastern Europe, Africa, India, China and the US and found that UAE was expecting recruitment in the coming quarter to rise to 49 per cent.

In terms of employers reducing staff levels, it was found that around 30 per cent were in the middle of such a process, but this was predicted to see a significant drop to 22 per cent in the next three months.

Commenting, Antal manager for Dubai Nizar Lalani said: "After a substantial dip in hiring levels in April, confidence now seems to be returning to the UAE job market."

"The hiring and firing of staff is one of the most effective measures of business confidence," he concluded.

Antal specialises in global executive employment and was established in 1993.