(PRWEB UK) 15 February 2013
After a slowing in GDP growth in 2012, a study by the Washington-based Institute for International Finance has predicted a 4.2% jump this year with several large-scale government and private sector projects set to go ahead.
Indeed the study expects UAE government expenditure to increase by nearly 14%, representing a significant boost for the employment market.
Traditional sectors of the economy like oil, gas and petrochemicals are expected to generate many of the new openings, although sectors that had suffered in the global downturn, such as banking, construction and real estate, are also picking up.
And recruitment experts have welcomed the positive outlook for 2013.
A spokesperson for Middle East specialist Mackenzie Jones said: "The UAE has experienced relatively strong economic growth despite the global economic crisis of recent years, but the year ahead seems certain to see a real hike in activity on the job front.
"While some multinational organisations are continuing to be cautious, many local companies are embarking on major recruitment drives for both local and expatriate candidates, and we see this trend continuing for the rest of 2013 and beyond.
"The revival in sectors such as construction will also have a knock-on effect in related industries such as utilities and logistics. All in all, the employment picture for the UAE is looking very bright."
On top of the growth in employment opportunities, workers should expect to see a boost in salary levels, the return of annual bonuses, and a decrease in the job insecurity that accompanied the difficult economic climate of recent years.
The UAE's business hub, Dubai, is already a highly popular destination for expatriate workers with its superb infrastructure, flawless climate and prime position for trade and tourism.
British workers make up the largest western community in the UAE, with an estimated 240,000 employed in everything from sales jobs to manual work.
Mackenzie Jones had its origins in the UK but has been based in Dubai since 2006. It provides executive recruitment solutions to candidates and companies in HR, finance, marketing, sales, legal, agency and creative and business support.