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The UK has been named one of the best countries on the continent to find a job, according to research carried out by one of the leading employment websites.
Glassdoor Economic Research revealed that Great Britain and Northern Ireland was the third best for finding work in 16 selected European countries; it fell just behind Estonia and Norway, and marginally ahead of Austria.
The company’s research looked at a range of key employment indicators, from unemployment rates and the employment gap to involuntary part-time agreements. It was particularly positive about the UK’s high levels of education and training, as well as its comparably low level of temporary work.
Perhaps unsurprisingly, Spain foots the table, with Greece in 15th place. This is largely due to the countries’ high unemployment rates, where one in four eligible people are without work. As it stands, just 6% of the British workforce is without a job.
Furthermore, Glassdoor emphasised the low rate of youth unemployment, which has dropped by 3% from four years ago to 17%. In Spain and Greece, it is above 50%, and a high 40% in Italy. Over the nearby Irish Sea, Ireland was described the fifth-worst place to seek a job, coming in 12th place in the index.
Glassdoor chief economist Dr Andrew Chamberlain said that the labour market across the continent continued to remain diverse, with a mix of opportunities and challenges for those out of work. He explained: “On the one hand, countries like the UK, Germany, Austria and Switzerland enjoy below average unemployment.
“By contrast, Greece, Spain and Portugal have continued to struggle with double-digit unemployment and slow economic growth—partly due to inflexible labour market regulations that have proven difficult to reform in recent years.”
Much-maligned temporary contracts, which continue to make headlines in the UK, remain extremely low in comparable proportion to the rest of Europe; here and in Estonia, the percentage of those in such agreements was at a survey-low 3%. In the Netherlands, Portugal and Spain, over 20% of people are in these agreements.
France was also edged out of the top ten, coming in 11th due to the nation’s “more regulated labour market” that “offers far poorer job prospects”.
- Author bambooloans
- Posted 23 January 2016