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Reuters: City Job Growth In Cooling Downturn

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City of London job growth to slow

Mon Jul 24, 2006 1:44 PM BST165

LONDON (Reuters) - The hiring boom in the City of London financial centre that has driven employment to record highs this year is showing signs of cooling off, according to research published on Monday.
"But a U.S.-led pause in the world economy in coming years is likely to make firms wary of recruiting heavily and total jobs numbers should fall back," said Jonathan Said, senior economist at CEBR, an economics research consultancy.

With The US economy slowing and a bear market in stocks threatening the City driven HPI in the London area may well be over very soon. :o

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A time to buy, a time to sell, a time to win and a time to lose,

a time for everything under heaven

Turn turn turn

Are those lyrics from an Iron Maiden song? Trying to fit it together in my head. Anyone know?

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The Byrds - Turn Turn Turn definitely

Bob Dylan wrote it and it is based on the Book of Ecclesiastes in the Bible. About the folly of relying on investments and how there is nothing new under the sun--just cyclical booms and busts.

The Byrds popularised the song with the memorable opening riff played on a Rickenbacker 12 string guitar. :)

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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