{"id":38086,"date":"2020-09-22T14:54:18","date_gmt":"2020-09-22T12:54:18","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2020\/09\/monacos-job-market-is-on-the-rise\/"},"modified":"2020-09-22T14:54:21","modified_gmt":"2020-09-22T12:54:21","slug":"monacos-job-market-is-on-the-rise","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2020\/09\/monacos-job-market-is-on-the-rise\/","title":{"rendered":"Monaco\u2019s job market is on the rise"},"content":{"rendered":"\n<p><strong>A survey of Monaco\u2019s job market carried out by Hays France &amp; Luxembourg has found that the Covid-19 pandemic has not caused the Principality\u2019s employment to slump. Quite the contrary. <\/strong><\/p>\n\n<p>It is no surprise that Monaco\u2019s biggest job creator is construction. According to Hays, international recruiting agency, Monaco\u2019s <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/01\/timelapse-video-monacos-e2-billion-land-extension-project\/\">Mediterranean expansion project<\/a> and the building of a <a href=\"https:\/\/www.monaco-tribune.com\/en\/2019\/12\/fontvieille-renovation-scheduled-for-completion-by-2027\/\">new shopping centre in Fontvieille<\/a> should create \u201cmany jobs until at least 2027\u201d. Given Monaco\u2019s shortage of local skilled candidates, most of the people working in the construction sector are French, Italian or Portuguese.<\/p>\n\n<h2 class=\"wp-block-heading\">Rise in demand and new jobs<\/h2>\n\n<p>The IT sector is also on the rise and \u201cdisplays a promising future\u201d. Such success is not random: Monaco\u2019s government has launched a digital fund, part of its <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/09\/monaco-to-unleash-75-million-euro-stimulus-to-revive-economy\/\">Covid-19 recovery plan<\/a>, to help Monaco companies in their <a href=\"https:\/\/www.monaco-tribune.com\/en\/2020\/09\/monaco-to-have-its-own-cloud\/\">digital transition<\/a>. The rise in demand has also led to a rise in salaries for certain positions, such as Java developers.<\/p>\n\n<p>Financial, banking and insurance sectors are also predicted to fuel the job market with new offers, especially in strategic jobs. Private banks are expected to recruit, and so are insurance companies, which, since the start of the pandemic, have known a \u201cdynamic period\u201d, with many new positions being created.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A survey of Monaco\u2019s job market carried out by Hays France &amp; Luxembourg has found that the Covid-19 pandemic has [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":38037,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[243,258],"tags":[2888],"post_sectags":[],"post_format":[2467],"class_list":["post-38086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-public-life","tag-covid-19-en","format-feature"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Monaco\u2019s job market is on the rise<\/title>\n<meta name=\"description\" content=\"A survey of Monaco\u2019s job market carried out by Hays France &amp; 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