The Bayt.com Job Seeker Confidence Index Survey, released bi-annually, is an in-depth study that aims to gauge the perceptions and attitudes of job seekers with respect to their local economies. The study also identifies trends in the job market across the region and provides an understanding of job seekers’ personal financial situation as well as career statuses, therefore indicating their likelihood to consume and invest. Job seeker confidence is also a measure of the economic well-being of a country. For job seekers, this report is a useful guide outlining the general perspectives and sentiments regarding matters like job availability, finances, and cost of living. For employers and managers, the report depicts many findings and predictions regarding the regional business, job market, and economic conditions.
Key Findings:
Overall,14% of respondents believe that their financial condition is better now than it was6 months ago. That said, close to two-fifths (37%) expect their financial condition to improve in the next6 months.
Majority of respondents (72%) expect the cost of living to increase in the next6 months..
Almost a third (31%) of respondents expect the economy in their country of residence to improve in the next6 months.
22% of respondents are positive about the current business conditions. Overall,44% of respondents expect the business conditions to get better within the next year.
Close to half (45%) of respondents are hopeful that they will find their ideal job in the next6 months.
Respondents expect their job attributes to improve over the next6 months, especially with regards to career growth (34%), training and professional development and work-life balance (both at31%).
Data from the2017 Bayt.com Middle East Job Seeker Confidence Index Survey was collected online from August1st,2017 to August24th,2017. Countries included the UAE, KSA, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Egypt, Morocco, Algeria, and others.
