Thinking of working abroad?
Job hiring in the UAE remained generally weak, with vacancies posted online registering a significant decline in September compared to a year earlier. Jobseekers in the UAE have been facing difficulty finding relevant employment opportunities online over the past few months, as companies reduce their hiring activity considering the current economic difficulties being faced.
Several major projects currently in the pipeline, including those slated for Expo 2020, will soon open opportunities for jobseekers in the UAE.
However, layoffs are still being implemented, with 17% of UAE companies saying they have trimmed down their workforce.
A new innovation being considered in the UAE is income tax! The fall in oil revenue is putting pressure on government budgets. The times are certainly changing in the land where people would buy a new car when the ashtrays were full.
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