The job market is going through a speedy transformation in Europe as competition for jobs has doubled in the last year, with new positions popping up that didn’t exist 20 years ago, according to LinkedIn’s latest survey.
Looking to the year ahead, the fastest-growing positions are related to sustainability, AI and business development, forecasted the employment-focused social platform.
LinkedIn carried out research examining millions of jobs started by its members between 1 January 2019 and 31 July 2023 to calculate a growth rate for each job title.
They found that two-thirds (67%) of European professionals are considering moving jobs this year, although there is increasing competition in the employment market.
In 2022, there was just one job opening for approximately every two active applicants in the UK and France on LinkedIn, although there is now just one job opening for approximately every four applicants.
37% of European professionals say they are looking for higher salaries to navigate the cost-of-living crisis, while 19% say they are more confident in their abilities and want to find a better role to grow their careers.
The fastest growing jobs vary across the European countries studied, but the common trend shows that AI, sustainability, and cybersecurity roles are on the rise, as companies scramble to get to grips with these major trends impacting the economy.
In-demand job titles include: Sustainability Manager, Artificial Intelligence Engineer and Cyber Security Analyst.
