Dubai job market grew by over 20% in Q1 of 2010

20/04/2010 - Dubai Investment News
Dubai job market grew by over 20% in Q1 of 2010

Posted by Bob Brunskill

Dubai's job market grew by more than 20 per cent in the first three months of the year compared to the same period last year, new research has found.

Pathway Resourcing, a leading recruitment firm in the UAE, recorded 21 per cent more job vacancies in the first quarter of 2010, Emirates Business 24/7 reported.

Hasnain Qazi, Middle East business manager for the firm, suggested the rise was a reflection of the steady growth of Dubai's economy, noting that more vacancies had been seen across a wide spectrum of economic sectors.

"It also reflects the long-term faith and confidence that Middle East and North Africa-based multinational companies and recruitment agencies have in Dubai remaining the major trade hub among Gulf Co-operation Council (GCC) states," added Mr Qazi.

This week, a report by the Gulf Organization for Industrial Consultancy observed that GCC nations experienced combined economic growth of 5.5 per cent last year, the Peninsula reported.

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