Madrid, second European region in attracting talent and qualified employment

Madrid Region is the second European region in attracting talent and qualified employment, with 2.6 million professionals on the LinkedIn social network, only behind London (5.5 million), and ahead of cities such as Paris, Milan, Berlin and Frankfurt.

These data correspond to the Digital Talent Map of Madrid Region drawn up by the social network LinkedIn, which provides information on both the amount of training of people working or looking for work in the region and the interest of qualified professionals in seeking new challenges.

The Regional Minister of Economy, Finance and Employment, Javier Fernández-Lasquetty, participated today in the presentation of this analysis at IE University, which confirms Madrid’s leadership as a pole of attraction for investment and innovation. In this regard, he stressed that “the regional government’s economic policy and its low taxation allow for the creation of a favourable framework for entrepreneurship and the development of new ideas, which generates an increasingly professionalised and specialised labour market”.

The skills that are growing the most, according to this study, correspond to those most in demand, such as those related to digital transformation or project management. This makes Madrid more competitive compared to other capitals in the old continent, such as Amsterdam or Lisbon.

Fernández-Lasquetty insisted on the importance for the regional government of having more and more talent, “as it is an essential element in the development of a more vibrant and modern economy”, and highlighted the commitment to Madrid of companies, start-ups and professionals who want to start up or improve their situation.

New training plans designed for companies

Fernández-Lasquetty also referred to two innovative programmes designed by the Madrid Government so that companies can train their workers or people looking for a job in the most in-demand skills.

Thus, a line of aid has been created (known as Upskilling and Reskilling), endowed with 19.4 million euros and focused on retraining and improving skills, which will benefit more than 60 companies that have submitted a training project linked to sectors such as new technologies, automated machine tools and robotics, aeronautical equipment or modern rail transport, among other strategic sectors.

In addition, work is being carried out on a Digital Talent Plan, in collaboration with technology manufacturers, to provide the specialised training required by companies in the sector.