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Follow on Google News | Executives Job Surge In The Uk Financial Services Sector: Is this a sign of emerging economic confidence? The UK executive job market experienced a major trend shift this year - the financial services sector practically doubled its hiring demand, outpacing job growth in all other major industries.
By: Experteer Overall, the consulting industry still retained the top spot with its 25% share of the UK executive job market, but its year-over-year growth was stagnant at best, dropping 3% from 2009. Financial Services Consulting Information Technology The Information Technology (IT) sector showed a 3% gain over 2009, demonstrating its firm position in the Top 3 industries for executive job demand. Given the continual innovation and IT-centric growth strategies in areas from data storage to information security, this sector will prove a reliable job source for senior-level talent. Nina Zimmermann, Head of International at Experteer, comments as follows: ‘Given the fact that the financial industry is one of the pillars of the UK economy, it is no wonder that during the global crisis our country was harshly struck. Nevertheless, our executive talent has once more proved its versatility. With an increase of almost 10% of the executive job market share in 2010, the UK financial market appears to have regained its stamina. This outcome could lead us to the conclusion that the financial crisis is finally showing signs of defeat. It certainly shall be interesting to follow the evolution of this trend, especially with harsh cuts in the public sector on the cards. We have to see what will be the knock-on effects in the private sector. And not only in regards to Financial Services, but also related to Consulting – will this sector take a step back?’ # # # Experteer is the leading online career service for senior level professionals worldwide, featuring more than 70,000 premium jobs and a network of over 7,000 approved headhunters. End
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