Wednesday 27 June 2012

Subsea industry could create 10,000 jobs

The British subsea industry could create 10,000 jobs within the next 12 months, according to a new survey.

Subsea UK, which represents more than 250 companies across the UK, said 43 of the companies already have 800 vacancies to be filled.

The survey also found almost one-fifth of the companies will need more than 2000 people to cope with the growth of the industry within the next year.

Neil Gordon, Chief Executive of Subsea UK said: “With the UK economy still fairly fragile, it is fantastic that our industry, which is out-performing other sectors and helping lead the country's economic recovery, is creating so many new jobs. The challenge for us is finding suitably qualified people to meet immediate demand and attracting new people into the industry to fulfill future demand.”

The UK subsea industry, which supports around 50,000 jobs, is expected to grow by 40% in the next two years.