The job market in Dubai as of the end of December 2023 is slowing down according to S&P Global.
The latest PMI (Purchasing Managers Index) from S&P Global indicates that demand momentum had come off the accelerator pedal in November, as multiple non-oil sectors recorded a slowdown in new business growth.
This puts the onus on December to deliver – and deliver big – for the emirate’s non-oil companies. Hiring was still taking place during November and December 2023, but at a slower speed to what was there earlier.
That hiring activity has peaked is being repeated by HR managers in various sectors, and businesses say that it could be February before there emerge signs of an improvement.
Platinumjobseeker’s advice is to keep at it, don’t give up, expect fewer opportunities to be advertised until at least the end of January 2024 and place stronger dependence on whatever opportunities are actually offered to you, given the general slow down.
