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City Jobs In Growth Frenzy As Other Sectors Die

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City job vacancies back at pre-crisis levels

Peacock, 9:21, Wednesday 6 October 2010
City job vacancies have surged to pre-crisis levels despite a new report which shows a dramatic slowdown in hiring across all sectors last month.
An analysis of banking and financial jobs in the Square Mile by recruitment firm Ambition, published yesterday, found the number of vacancies in the third quarter of 2010 was two and a half times higher than when the UK was caught in deep recession in the first three months of 2009.
Overall the number of roles available is now higher than at any point since 2007, the study showed.
The news signals that the UK's financial sector is on the road to recovery despite a report by the Recruitment and Employment Confederation and KPMG, out today, which reveals the number of people placed in permanent jobs last month rose at its weakest rate for a year.

Will the City escape the consequences of the cuts/austerity? Banksters still dong well with 7bn in bonuses and the Russian Mafia are keeping the entertainment sector of London going etc.

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