UAE forecast to see new jobs boom despite oil price slump

More than 50 percent of recruiters in the UAE are predicting that new jobs will be created in the next six months despite lower oil prices and trading revenues, according to a new survey by Naukrigulf.
Its latest hiring outlook was slightly down on its September survey when 53 percent of recruiters predicted the same about second half of 2015.
The survey also said that while there is a strong expectation of new jobs creation in the UAE, 64 percent of recruiters predicted that the talent crunch will continue in the next six months.
The results indicates that recruiters face maximum talent crunch when they hire for middle management levels and people of Asian origin.

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