December 14, 2010 11:49 ET

UK Job Market Continues to Improve

LONDON, UNITED KINGDOM--(Marketwire - Dec. 14, 2010) - According to an annual global survey that studies hiring and firing trends across the world, job positions for professionals and managers are on the rise in the UK.

The Global Snapshot study, conducted by international recruitment firm Antal, spans over 55 countries and covers more than 9,600 organisations. The firm's most recent study found that hiring across the globe was up from 53% to 54%, with the number of organisations expecting to hire in the next year increasing from 55% to 58%.

The study also found that the highest current hiring levels in Europe were in the UK, with France and Germany close behind. Saudi Arabia has the highest level of recruitment in professional and managerial levels, at 74%. India is a close second with an increase from 71% to 73%, which is expected to rise to 77% in the next few months.

Sectors across the globe with the highest levels of recruitment at professional and managerial level were banking, engineering, fast moving consumer goods, IT software and manufacturing. The lowest levels of recruitment were from shipbuilding, music, entertainment and airlines.

Even so, Antal CEO Tony Goodwin said, "While some countries, particularly in Western Europe, are still seeing a decline in the employment market, the global picture has definitely improved once again."

Goodwin added, "It seems as if we have avoided the financial Armageddon that seemed all too real a prospect from late 2008 to the early months of 2009. For chief executives and HR directors around the globe, the key business challenge is already shifting away from headcount reduction or containment to how to source the talent they will need in improving markets. The war for talent, which had dwindled to little more than an insignificant skirmish, has already broken out once again."

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