London Employment Monitor April 2017 highlights:16% decrease in jobs available, month-on-month15% decrease in jobs available, year-on-year29% decrease in professionals seeking jobs, month-on-month49% decrease in professionals seeking jobs, year-on-yearRobust Q1 gives way to wobbly Q2The second quarter of 2017 got off to a sinking start with a 16%
Article 50 was triggered, institutions look at expansion not relocation and London beats Silicon Valley at its own game. Businesses are done trying to read the tea leaves to see what lies ahead, and they’re getting back to the business of recruiting.
Brexit has pushed institutions into two camps. On one side we’ve got the ‘business as usual’ team, and on the other we have the institutions that are tired of the government’s hemming and hawing and have already begun to move jobs to other EU countries. It’s the latter group that’s contributed to the quarter drop in jobs available.