OnlyMe Posted January 7, 2013 Share Posted January 7, 2013 Chop, chop. http://www.cityam.com/latest-news/jobs-crisis-city-hiring-falls-record-low http://www.cityam.com/sites/default/files/articles/003%20City%20vacancies%20have%20collapsed.jpg?1357542693 CITY job vacancies plunged to new lows last year as incoming regulations took their toll on financial services firms, making 2012 a worse year for job seekers than even the height of the credit crunch, recruiters Astbury Marsden revealed today. Quote Link to comment Share on other sites More sharing options...
zugzwang Posted January 7, 2013 Share Posted January 7, 2013 Quote Link to comment Share on other sites More sharing options...
Dorkins Posted January 7, 2013 Share Posted January 7, 2013 Good news for London house prices. Quote Link to comment Share on other sites More sharing options...
sombreroloco Posted January 7, 2013 Share Posted January 7, 2013 (edited) It's not enough! I want to see all the b@stard City millionaires starve in the street. Then I want the polis to beat them with a baton a call them plebs. Edited January 7, 2013 by sombreroloco Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted January 7, 2013 Share Posted January 7, 2013 Good news for London house prices. So you would think, but I guess the people they aren't hiring are probably the same people who had 1 hour commutes in from the home counties anyway... Quote Link to comment Share on other sites More sharing options...
Dorkins Posted January 7, 2013 Share Posted January 7, 2013 So you would think, but I guess the people they aren't hiring are probably the same people who had 1 hour commutes in from the home counties anyway... London and home counties houses are in essentially the same market, so what affects one will affect the other e.g. if home counties houses get cheaper it will be more attractive for people to move out of London, pulling down London house prices. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted January 7, 2013 Share Posted January 7, 2013 (edited) Like the way its blamed on "incoming regulations" Yet another state industry goes the way of the coal mines and steel plants. Edited January 7, 2013 by Secure Tenant Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted January 7, 2013 Share Posted January 7, 2013 Like the way its blamed on "incoming regulations" I know... "Long term and widespread mismanagement of risk , plus outright fraud" would probably help them to sell more papers AND be closer to the reality. Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted January 7, 2013 Share Posted January 7, 2013 From the bowler-hatted gentlemen of the 1920s to the braces-wearing spivs of the 80s to the utter c*unts of the 00s... now meet your new financial masters. The real reason for unemployment and not just in this sector. More and more middle-class professions will go this way. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted January 7, 2013 Share Posted January 7, 2013 and yet: http://newsletter.jobsearch.co.uk/M44ncNvqwuene7EdlfQJyqxfTB1OAeWjKQQU4esOSZu/WebView.aspx Quote Link to comment Share on other sites More sharing options...
Starla Posted January 7, 2013 Share Posted January 7, 2013 Good news for London house prices. As a Londoner with a job, I'd like to hope so. Only spanner in the works is the average London buyer doesn't come from London, or the UK, or needs to go to work. Quote Link to comment Share on other sites More sharing options...
ToughEgg Posted January 7, 2013 Share Posted January 7, 2013 The City is only a small contribtor to the london madness now. Only an annual tax on foreign owned property will give local people any chance in the London market. I fear hell will freeze over before this shower of sh*ite let this happen. Quote Link to comment Share on other sites More sharing options...
winkie Posted January 7, 2013 Share Posted January 7, 2013 Quote Link to comment Share on other sites More sharing options...
Snugglybear Posted January 7, 2013 Share Posted January 7, 2013 Chop, chop. http://www.cityam.com/latest-news/jobs-crisis-city-hiring-falls-record-low http://www.cityam.com/sites/default/files/articles/003%20City%20vacancies%20have%20collapsed.jpg?1357542693 CITY job vacancies plunged to new lows last year as incoming regulations took their toll on financial services firms, making 2012 a worse year for job seekers than even the height of the credit crunch, recruiters Astbury Marsden revealed today. But surely all this talent can go abroad, where apparently they're clamouring for Britain's financial geniuses. Quote Link to comment Share on other sites More sharing options...
winkie Posted January 7, 2013 Share Posted January 7, 2013 (edited) As a Londoner with a job, I'd like to hope so. Only spanner in the works is the average London buyer doesn't come from London, or the UK, or needs to go to work. Very good point....our land and buildings have become one of our major tax efficient exports. Edited January 7, 2013 by winkie Quote Link to comment Share on other sites More sharing options...
AvoidDebt Posted January 7, 2013 Share Posted January 7, 2013 Just got call from an agent on a house that they thought they had sold in Oct but buyer failed to complete. It's in 'indestructible' London. Could 13 be our lucky number? Quote Link to comment Share on other sites More sharing options...
winkie Posted January 7, 2013 Share Posted January 7, 2013 Just got call from an agent on a house that they thought they had sold in Oct but buyer failed to complete. It's in 'indestructible' London. Could 13 be our lucky number? ......who did you say is lucky.....the buyer or the seller? Quote Link to comment Share on other sites More sharing options...
Dorkins Posted January 7, 2013 Share Posted January 7, 2013 As a Londoner with a job, I'd like to hope so. Only spanner in the works is the average London buyer doesn't come from London, or the UK, or needs to go to work. If the City boys are out of the game that's one less pot of money for your wages to compete with. I'd call that a win. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted January 7, 2013 Share Posted January 7, 2013 Just 35,115 new jobs were advertised last year, down 35 per cent on the 54,025 in 2011. Why does this mean it's bad for the city? Compared to other industries it's probably good isn't it? Maybe the recruiters put their fees up? Maybe some boffin coded a better program to do away with some button pushers? I'm not going to feel too happy until someone cuts it out and floats it down the Thames and out to sea. Quote Link to comment Share on other sites More sharing options...
wonderpup Posted January 8, 2013 Share Posted January 8, 2013 The real reason for unemployment and not just in this sector. More and more middle-class professions will go this way. Microsoft has demoed new software that translates English into Mandarin in real-time, copying the speaker’s own voice.In a video posted online, head of Microsoft research, Rick Rashid, demonstrated how the software works. The clip shows Rashid speaking in English with a Mandarin translation spoken a few seconds later copying the tonality of his own voice. He said the company hopes to have “systems that can completely break down language barriers” in the next few years. http://www.itpro.co.uk/644050/microsoft-demos-real-time-language-translation Time to get out of the translation business? Maybe automation is the real black swan that was obscured by the credit boom? Quote Link to comment Share on other sites More sharing options...
Snugglybear Posted January 8, 2013 Share Posted January 8, 2013 http://www.itpro.co.uk/644050/microsoft-demos-real-time-language-translation Time to get out of the translation business? Maybe automation is the real black swan that was obscured by the credit boom? "Microsoft has demoed new software that translates English into Mandarin in real-time, copying the speaker’s own voice. In a video posted online, head of Microsoft research, Rick Rashid, demonstrated how the software works. The clip shows Rashid speaking in English with a Mandarin translation spoken a few seconds later copying the tonality of his own voice. He said the company hopes to have “systems that can completely break down language barriers” in the next few years." I'd love to have a Mandarin speaker listen to the above. "Copying the tonality of his own voice"? Really? When you're translating speech into a tonal language where tone changes the meanings of words with otherwise identical pronunciation? In my experience (and I'm a translator) even written machine translation is still pretty crap. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted January 8, 2013 Share Posted January 8, 2013 Maybe automation is the real black swan that was obscured by the credit boom? Hardly. It's been going on since the industrial revolution. Quote Link to comment Share on other sites More sharing options...
easy2012 Posted January 8, 2013 Share Posted January 8, 2013 http://www.itpro.co.uk/644050/microsoft-demos-real-time-language-translation Time to get out of the translation business? Maybe automation is the real black swan that was obscured by the credit boom? Pretty impressive. Not quite there though as even the english texts contain errors, and some of the chinese translation are pretty weird. There was also a delay between the time spoken and the chinese translation is produced, I am wondering if someone behind the scene is tweaking (selecting the results). Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted January 8, 2013 Share Posted January 8, 2013 Hardly. It's been going on since the industrial revolution. No, what we saw during the 20th century was the replacement of physical labour with machines. What we are seeing now is the replacement of mental labour with machines. What is there left for us puny humans to do? We have made ourselves obsolete. Quote Link to comment Share on other sites More sharing options...
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