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FINANCIAL NEWS
Monster ME Employment Index up 29% in Jan
05 Mar 2012
(MENAFN) Monster.com (India/Middle East/South East Asia) Managing Director, Sanjay Modi, said that the company’s Employment Index Middle East jumped 29 percent in January from a year earlier, reported Emirates 24/7.
Modi added that the UAE recorded a 24 percent annual growth for the month.
He also said that sectors including Banking, Financial Services and Insurance (BFSI), Education, Healthcare continued to boost growth in major economies like the UAE, Saudi and Kuwait, with each of them recording double-digit annual growth.
Moreover, the BFSI sector surged 52 percent and was the fastest moving sector by the way of longer-term growth, followed by education with a rise of 45 percent and Healthcare, with a growth of 27 percent.
It is worth noting that HR and Admin. professionals witnessed fastest growth in demand between January 2011 and January 2012, with a surge of 55 percent, whereas Health Care was up 40 percent; followed by Finance and Account with an increase of 31 percent.
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