The total number of jobs lost in the country is not alarming and there are still many positions that need to be filled even today, say experts.According to Stanton Chase, nearly 100,000 to 150,000 people have been out of jobs in the country since October 2008, excluding the labour class. However, this is not a figure that should cause panic. According to Ian Giulianotti, Associate Director, HRM Consulting at Nadia Recruitment, the number of dubai jobs lost in the country is not alarming. "Even if we go by the figure [100,000 to 150,000 since the beginning of October], it's not one that would cause me alarm. We see jobs being lost even during good times. There are people who are still hiring and there are jobs to be filled even today," he told Emirates Business.
"Yes, there is slowdown in recruitment and companies are going for options like unpaid leave and working for shorter hours for less money but the figure of jobs being completely wiped out is reasonable under the current circumstances," he further added.
Stanton Chase believes that people are concerned about their jobs. "People are very concerned on the job front and we would say that one out of two people are concerned about their jobs. This does not mean the fear of losing jobs alone, it also includes prospects about which way their company will go, how things will take shape and so on so forth," the company revealed.
One of the bright spots in Dubai job market is Emirates Integrated Telecommunications Company PJSC - du. du has position itself for growth in 2009 and plans to reaffirm its employment brand in the gulf as employer of choice. Last month Emirates Integrated Telecommunications Company (“du”) announced its first profitable full year to 31 December 2008, recording a net profit before Royalty of AED 8 million less than two years after launch and well ahead of analysts expectations.
du is always looking for talented people to join their team. So if you’re interested in learning more about how to become member of du familiy please feel free to visit du Career Page. Further more du steps up Emiratisation drive by joining ‘Ershaad’ as the Official Technology Partner. In continuation of its strategy to support Emiratisation efforts in UAE, du, announced its support for Ershaad, the national initiative for recruiting and guiding talented UAE nationals from fresh graduates, mid level management to senior executive candidates.
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