Is Ireland losing financial services jobs to Luxembourg? Should you care?
As we pointed out a few weeks' ago, if you're intending to look for work outside Ireland you may want to try Luxembourg. It has plenty of benefits, not least the fact that Luxembourg is also a fund administration centre and the skills you've gained in Ireland will be eminently applicable there too.
Slightly depressing, however, is the fact that while Ireland appears to be falling as a global financial centre, Luxembourg is rising. Worst, Luxembourg is identified in the latest 'Global Financial Centres Index' as a place where plenty of jobs might be created next year. Ireland isn't even mentioned.
We've added the relevant charts below. Should this bother you? If you're willing to relocate to Luxembourg, not really. If you want to stay in Ireland then yes - if you believe these rankings really have an impact.