“An exodus would require individual businesses to potentially relocate thousands of employees, which simply isn’t logistically or financially feasible. Up to a million Londoners work in the financial sector. Only a small portion of them have the flexibility to up and move to a new country, and no other region can compete with the quantity
July 2016London Employment Monitor June 2016 highlights:Increase of 18% month-on-month for available jobsDecrease of 30% year-on-year for available jobsIncrease of 19% month-on-month for job seekersIncrease of 28% year-on-year for job seekers Boost in job openings and job seekers - a welcome reliefDespite Brexit and its immediate aftershocks
“It certainly felt like a uninspiring month. The market was volatile and it was tough on organisations. Hiring was restricted and organisations were slow to release jobs. So the numbers were somewhat comforting and perhaps there is light at the end of the tunnel.”
"The referendum is at the end of Q2, so any pickup in jobs activity will be dependent on the polls ahead of the referendum. If it’s very close, we might have to wait for Q3 before hiring gets going again. However, it is quite precarious out there”
“The growth in jobs was driven by the asset management industry,” said Enver. “There is growth and demand in that sector and the UK is in prime position to take advantage of this trend, which we believe will be a theme throughout 2016.”
25th February 2016: Global professional services recruiter, Morgan McKinley revealed in its 2016 UK Salary Guide that 2015 was one of mixed fortunes for professionals in the UK.
