After a bit of a bruising time during the recession it looks like confidence is returning quite quickly to the City as the majority of leading banks and financial firms in London say they are looking to develop their business in the next few years.
Over half of the financial businesses surveyed in the BNP Paribas report said they would have new jobs on offer in the near future. Many of those vacancies will be made of new London graduate finance positions and that should ease the pressure on the wider graduate job market.
Just 1 in 20 of the London finance companies canvassed for their opinions claimed that they would be making a reduction to their staffing levels over the next three years.
Also set to benefit from the increased supply of financial jobs in London are the landlords of the City. If 11,000 extra new staff need to be housed in London in general finance positions or graduate jobs then an extra 1.6 million square metres of office space will be required.
Many of the new London graduate finance jobs on offer could come at smaller companies in the finance sector rather than at the huge banks that traditionally employ graduates each year.
Source: Employment4Students.co.uk, Sunday 17th April 2011
No comments:
Post a Comment