The number of active job postings in the Construction sector of United Arab Emirates decreased by 0.72% MoM, and increased by 1.22% since March 2023, reaching 827 active job postings in June 2023.
A total of 319 new jobs were posted in June 2023, witnessing an increase of 9.25% as compared to the previous month. On the other hand, 325 jobs were closed in the same month implying that companies took out 45.74% more jobs than the month earlier. For the period from March 2023 to June 2023, the number of new jobs posted decreased by 26.33% and the number of jobs closed decreased by 11.68%
In terms of Compound Monthly Growth Rate (CMGR) between March 2023 and June 2023, the number of new jobs posted observed a negative growth rate of 9.68%, the number of active job postings observed a growth rate of 0.41% and the number of jobs closed observed a negative growth rate of 4.06%. Between March 2023 and June 2023, the average number of jobs posted stood at 311, number of jobs closed stood at 292 and number of active jobs stood at 810.
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