The UAE's unemployment rate fell to 4.2 per cent last year from double-digit levels, despite the impact of the global financial crisis, government statistics show.

However, minister of economy Sultan Bin Saeed Al Mansouri said this level is still too high for comfort. While releasing the UAE Economic Report for 2009 on Saturday, he took particular note of the tendency of Emirati professionals to be 'picky' and constantly be on the lookout for better prospects.

The report showed that 53 per cent of the UAE population ... Read more

More than half of MENA employers plan to recruit over the next three months, according to the new Jobs Index study published on Sunday by Bayt.com, in conjunction with research specialists YouGov Siraj.

Across the MENA region, respondents in Saudi Arabia, Kuwait and Oman had the highest propensity to hire, with 33 percent in Saudi Arabia and 29 percent each in Kuwait and Oman saying that their organisations will definitely be recruiting new staff in the coming months. Read ... Read more

CEOs across the world say their confidence for future growth has bounced back from the gloomy prospects of a year ago, according to PricewaterhouseCoopers 13th Annual Global CEO Survey.

This rising confidence has translated into a planned boost in recruitment, with nearly 40 percent of CEOs expecting to increase their headcount this year.

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