Monday, 17 December 2012

City jobs market in decline

According to recent data from Astbury Marsdon, there has been a dramatic decrease in the amount of City jobs available. The data suggests that the jobs market has suffered it's worse November for job creation in more than 5 years.
  • 1,790 jobs created in November 2012 compared to 3,700 in November 2008
  • 13,000 new city jobs were created in the City jobs boom in 2007
David Cameron had also expressed concern regarding the job market slowing down in the city.
"We should be worried that the City is now creating so few job opportunities. I am hoping that policy makers will take a sensible approach to the City when they are reviewing future changes such as the possible ring fencing of investment banks, so that in making the system safer more finance jobs are not needlessly lost."

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