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City jobs 'up 120 per cent' PDF Print E-mail
City jobs 'up 120 per cent'A new report suggests that jobs in London's financial services sector have increased by 120 per cent since the beginning of 2009.

Vacancies in the City rose to more than 11,000 during the first quarter of 2010 in comparison to the figure of around 5,000 available jobs one year earlier, according to research by Astbury Marsden.

These figures show that the City is recovering well in the post-recession period and the increase in job availability is also forecast to carry on as the market continues its revitalisation. Around 53,000 jobs are expected to be created in the sector this year, a 26 per cent increase on last year's figure of 42,000 new roles.

Throughout the previous two years, many employees unhappy in their jobs stayed put due to the lack of options in a weak market. However, new candidate registrations grew by 20 per cent in the first quarter of 2010.

Employment website Monster indicated earlier this week that the UK's general job market was becoming healthier as it recorded a 15 per cent rise in employment figures during March 2010 in comparison to the same month one year earlier

Posted by James Strang.
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