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Showing posts with the label european economy

Defence Jobs Boom in Europe as Security Concerns Fuel Faster Growth Than Broader Market

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EU member states increased their total defence spending by over 30% between 2021 and 2024, rising from €214 billion to an estimated €326 billion, according to the European Defence Agency. Europe’s defence industry is also facing growing labour needs, leading to a rise in job postings. Hiring has increased sharply across Europe’s defence sector compared to the broader job market, according to global hiring platform Indeed. Defence-related job postings have outpaced overall market trends since 2022. France, Germany, and the UK remain the main hubs for defence recruitment. Security has long been a key priority for Europe, but it has taken on greater importance since the Russian invasion of Ukraine in early 2022. More recently, tensions have also escalated in the Middle East due to the conflict involving Israel and Iran. Job postings data suggests that all have an impact on Europe’s defence industry, according to Indeed. Following a pandemic-driven decline in 2020, job posti...

Defence Jobs Boom in Europe as Security Concerns Fuel Faster Growth Than Broader Market

Image
EU member states increased their total defence spending by over 30% between 2021 and 2024, rising from €214 billion to an estimated €326 billion, according to the European Defence Agency. Europe’s defence industry is also facing growing labour needs, leading to a rise in job postings. Hiring has increased sharply across Europe’s defence sector compared to the broader job market, according to global hiring platform Indeed. Defence-related job postings have outpaced overall market trends since 2022. France, Germany, and the UK remain the main hubs for defence recruitment. Security has long been a key priority for Europe, but it has taken on greater importance since the Russian invasion of Ukraine in early 2022. More recently, tensions have also escalated in the Middle East due to the conflict involving Israel and Iran. Job postings data suggests that all have an impact on Europe’s defence industry, according to Indeed. Following a pandemic-driven decline in 2020, job posti...