The international labor market is showing signs of increasing stability around the world, it has been claimed.

According to the latest Global Snapshot study, companies are seeing recruitment become steadier at a professional and managerial level, with 52 per cent of the almost 13,000 businesses polled stating that they are currently hiring in this area.

Countries that were seeing high levels of employment among professionals and managers included the UK, with 61 per cent of respondents appointing new employees, the Philippines (98 per cent), Argentina (73 per cent), Turkey (71 per cent), China (70 per cent), India (69 per cent), Brazil (67 per cent), Russia (66 per cent), Australia (61 per cent) and France (59 per cent).

Compiled by Antal International, the research covers 47 nations around the world and suggested: "The most active region in the coming quarter looks set to be the Middle East where 68 per cent of organizations surveyed planned to take on professional or managerial staff."

Sectors that are expected to see significant hiring increases during the next three months include healthcare, IT, the legal profession and services.

Unemployment within the Organisation for Economic Co-operation and Development region declined in April this year by 0.1 points to 8.1 per cent, as joblessness continues to fall around the world.

Posted by Lee Thrace