London is world's number one for highly-skilled jobs

More people are employed in highly skilled sectors in London than in any other city in the world, according to a study by Deloitte.

In total, around 1.5m people are employed in London across 22 highly skilled sectors, compared with 1.2m in New York, 784,000 in Los Angeles, 630,000 in Hong Kong and 425,000 in Boston.

The report adds that for every job created in these sectors in London, a further two positions are formed in sectors including transport, retail, facilities maintenance, healthcare and law enforcement.

Deloitte estimates a net growth of 100,000 jobs across the highly skilled sectors by 2020.

However, the report says that London needs to work on infrastructure, housing, and business links to education, in order to retain its top spot.

Angus Knowles-Cutler, London senior partner at Deloitte, said: “This study demonstrates London’s power in the global economy. It is a desirable and diverse city in which to work, allowing it to attract the very best of British and international talent.

“But this will not last forever without renewal and regeneration. London has to address a number of fundamental challenges, for example, in infrastructure, housing and immigration, if we are to retain our lure as a destination for the world’s top talent.”

Kit Malthouse, deputy mayor for business and enterprise at the Greater London Authority (GLA), said: “Great cities rise and fall by attracting – or failing to attract – talented, skilled people.  London has long been a magnet for talented individuals and has also nurtured native-born talent through the excellence of its universities, colleges and on-the-job opportunities.

“However, we cannot take its continuing eminence for granted.  The global economy is dynamic, and we have to constantly refresh and adapt our workforce’s skills in order to remain competitive.”

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