Following an expected surge in activity, after the seasonal lull of the Christmas period, January saw significant month-on-month increases in jobs available and job seeker figures, with both rising by over 80%.
Jobs available see a dramatic fall for December 2017, with a decrease of 52% month-on-month and 37% year-on-year.
Jobs available see a 5% increase month-on-month but a 3% decrease year-on-year.
Jobs available are down 14% month-on-month and 20% year-on-year. Given the underlying health of the economy, Brexit looks to be the main culprit for the job market attrition.
Available jobs in London saw a 6% increase which is encouraging that Brexit hasn't upturned the normal seasonal trends.
uncertainty surrounding the terms of Brexit threatens to stymie meaningful growth in the market.
“Normally the City clocks out for July, but with the industry being swept from under them, people are scrambling to make the most of the time left in the EU".
Morgan McKinley London Employment Monitor July 2017.
Morgan McKinley London Employment Monitor June 2017.