City job opportunities lower

Financial services job opportunities in the City of London declined by 6% between August 11 and September 11, according to Morgan McKinley.



Compared to the same month last year this was a 19% decrease in the number of new roles coming onto the market.

The average salary for those taking up new roles had increased by 6% also.

The number of newly available job roles fell from 4,095 to 3,843.

Andrew Evans, chief operations officer, Morgan McKinley Financial Services, said: “Typically, September is the month when there is a resurgence in recruitment activity after hiring managers and job seekers return from summer holidays. However, the fall in job opportunities this month illustrates that the hiring market across the City is now impacted predominantly by continuing economic and financial issues both in the UK and globally.”

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