Confidence returning to Dubai job market

Confidence is returning to the job market in Dubai, according to a new survey carried out by recruitment company, Robert Half. "The results from the employee survey are very encouraging indeed for the UAE. We are seeing a return of confidence in the job market to employees with Dubai one-fifth more confident about their job security compared to last year. This is a very positive sign for Dubai. Other areas of Europe have seen as much as 42 per cent of people feeling less confident about their job security compared to a year ago," said James Sayer, Senior Manager at Robert Half UAE.

 

"The findings presented here are also reflected in the market for employers. We have seen activity return to the recruitment market coming in to Q4, with companies starting to hire again as they start to recover from the downturn. We expect this increase in confidence for both employees and employers, to continue in to 2010," he said.

 

"Dubai seems to be well-positioned to make a good recovery from the downturn, and this is reflected in the high levels of optimism we are seeing from employees. Other countries still appear to be suffering the worst of the crisis, whilst Dubai appears to be slowly emerging on the other side," said Sayer.

 

The survey used data collated from 75 locally based finance managers and 76 HR managers working in cross-section of sectors from finance and technology to retail and transportation.