Alchemy Finance & Tax Insights - Q4 2023 Newsletter30 January, 2024
In summary, the recruitment landscape of 2023 witnessed a post-pandemic adjustment with fluctuating job openings and candidate availability. A mid-year boost was seen in May, followed by a typical summer lull. The year concluded with a significant increase in hiring, particularly in Manufacturing, Construction, Oil & Gas, and newly Commodity Trading. Most candidates (over 97%) were willing to relocate to Dubai, often committing to move before obtaining employment — a testament to Dubai's drawing power. Looking ahead, 2024 is projected to have a strong start post-Ramadan and gain momentum into the second half of the year, with on-the-move candidates poised to be a key focus for employers.