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Coinciding with positive economic growth, the volume of job advertisements in Luxembourg continued to rise during the first quarter of 2015 by 16% year-on-year and 12% over the past quarter, according to the latest Robert Walters European Job Index.
Banking and financial services, which dominates the employment market in the country, saw an 11% increase in job advertisements compared to the final quarter of 2014. However, while this shows volumes are recovering in this sector they are still down by 7% year-on-year, as some banks continued to outsource some of their back and middle office functions and utilised new technologies to drive efficiencies in the sector.
Bastiaan Fontein, Country Manager of Robert Walters Luxembourg said: “The jobs market has...
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