Home Business News The UK is falling behind the US and EU at recruiting

The UK is falling behind the US and EU at recruiting

by LLB staff reporter
4th Apr 24 1:18 pm

The leading Recruitment and Employment Technology Company, CareerWallet manages a portfolio of leading international job aggregators that help millions of jobseekers around the world find and apply for their next career move.

The firm processes up to 10 million jobs a day from recruitment companies and employers in North America, the UK and Europe.

A new extensive global job market report published by CareerWallet has highlighted that the UK is rapidly falling behind in recruiting and attracting AI experts. The report shows the number of vacancies and applicants in the US, Canada, the EU and the UK and the data shows that France and Spain are currently leading the world in recruiting AI experts.

Spain currently has more than six times as many live roles as the UK and France more than four times. Both countries are also attracting more roles than the US according to the data.

The report has highlighted how much the UK is lagging behind the US and EU and is currently only recruiting for less than 5% of the total AI roles available in the Western world. The job market is a good indication of how buoyant specific industries are and is a direct reflection of how healthy an economy is.

With AI predicted to underpin a wealth of future technologies and be a key part of economic power, countries must invest now and build AI foundations to secure a place at the global AI table. As reported this week AI technology is expected to take millions of jobs globally so we have only just begun to see the impact this technology will have around the world.

Career Wallet is a Leading Recruitment and Employment Technology Company that manages a portfolio of leading international job aggregators and also offers cutting-edge white-label recruitment technology.

Craig Bines, CEO of The CareerWallet Group, said, “Our job market report gives us a good understanding of how the Western world is preparing for a future underpinned by AI technology. Based on the number of AI roles and the volume of applications we have a good overview of the current focus across different economies.

For candidates looking for a new role at CareerWallet we have millions of vacancies available globally, so it is an ideal time to register and find your next position.”

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