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UK to lead the recovery in Europe
The latest Robert Walters European Job Index shows a 4 per cent rise in UK job adverts between the first and second quarters of the year, with financial services and the UK regions leading the way.
The index reveals that the picture in Europe is less rosy for jobseekers, with only Luxembourg registering a rise in advertised jobs. The steepest drops were Switzerland (-10 per cent), Spain (-9 per cent), and Ireland and Belgium, both -9 per cent.
The report shows increasing signs of strength across a number of sectors in the UK, including financial services (+27 per cent), energy (+25 per cent) and supply chain & logistics (+22 per cent). Other areas of the professional job market to show growth are: insurance (+16 per cent), legal (+15 per cent) and manufacturing (+14 per cent).
However, the report reveals big variations across the UK, with Scotland, the North-East and the North-West generating the largest increases in advertised vacancies, and outstripping the traditional hot-spots of London and the South-East.
Chris Hickey, chief executive officer of Robert Walters UK, Middle East and Africa, says: “There was an element of cautious confidence in the market in the second quarter, particularly evident in London and the South-East. Large financial services institutions showed signs of improvement, and people within this sector have been more confident in seeking new opportunities.“
Source: The Recruiter
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