City Job Opportunities Fall Back In April

City of London at Night

Morgan McKinley’s London Employment Monitor has registered a 5% month-on-month decrease in the number of newly available financial services permanent and temporary jobs in the hiring market falling from 6,237 to 5,922 in April 13.

This was also a drop of 22% from 7,661 permanent and temporary jobs on the market in April 12.

Job seeker numbers rose slightly over the same period, with a 5% monthly increase from 4,884 in March 13 to 5,146.

Comparing April 13 to April 12, however there was a decline of 5% in number of professionals entering the market falling from 5,440 job seekers.

Operations Director Hakan Enver commented: 'It’s disappointing to see job opportunities fall back in April 13 particularly given the recent positive sentiment coming from the city following a series of positive results and indicators in Q1.

'However, recruitment activity can often be unpredictable at this time of year, especially when most businesses are heavily focused on financial year end activity which inevitably disrupts hiring processes. Just looking at the last few years of our data, this time of year illustrates there is no clear pattern of hiring activity'.


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