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GCC job confidence remains low
- Middle East: Sunday, March 29 - 2009 at 12:51
Consumer confidence is falling across the Gulf region, with 41% of business people believing job availability will be worse in a year's time. Respondents from Kuwait and the UAE were the least optimistic about future job availability, with 49% saying the situation would get worse, with 21% in the UAE believing job availability will be better by next year. Consumer confidence has fallen for four quarters in a row, this time by 15 points. The survey, by Bayt and YouGov, found that 25% of those in the UAE believe the economy will improve next year.
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StaffSunday, March 29 - 2009 at 12:51 UAE local time (GMT+4)
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