Jobs Internet boom expected in the UK

Despite the current depressing climate when it comes to employment in the UK, one senior official from Google has that there could be an internet jobs boom in the UK over the coming years.

There is little doubt that the employment situation in the UK at present is looking quite bleak, with many people unable to find work having been made redundant during the recent recession or trying to find work for the first time. However, one senior official from Google has said that the UK is on the cusp of an Internet jobs boom, which should occur over the next five years.

This is according to Philipp Schindler, the London based vice-president of Google. He said that despite the difficult economic and financial climate internet related companies as well as those that used broadband and internet successfully were booming and going from strength to strength.

Referring to recent studies he stated: “A study by McKinsey has shown that in France and in a mature economy like the UK, the internet is responsible for a fifth of GDP growth. In the UK, given the rate of job creation that economists associate with a rise in GDP, this translates into an expectation of hundreds of thousands of new jobs thanks to the internet. And I think that is on the conservative side. That is what could be achieved by putting a focus on this sector. That feels to me like a sizeable number.”

He added: “The internet is the biggest driver of export opportunity you will find over the next decades. It opens up fantastic opportunities exactly for the mittelstand, exactly for companies who do not have 100pc of the resources to globalise as the super-large companies have, [they have the chance] to very efficiently go after new target markets. ”

Source – Telegraph