News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

People

Demand outstrips supply in City's jobs market

Job openings in London's financial services sector dropped more than a fifth in March, compared with a year earlier, but the number of those looking for work in the City has soared.

The number of those seeking work in the City rose significantly year-on-year in March
The number of those seeking work in the City rose significantly year-on-year in March Photo: iStockPhoto

Job openings in London's financial services sector dropped more than a fifth in March, compared with a year earlier, but the number of those looking for work in the City has soared.

At 7,215, the number of available jobs was at its lowest for a month of March since 2012, according to data from Morgan McKinley. In its latest employment monitor, published on April 12, the City recruitment firm said the drop was due in part to redundancies, a slowing economy and the looming Brexit vote.

WSJ Logo