Morgan McKinley Blog
Morgan McKinley Blog

Financial Recruitment Insight from the Professionals

TAG | accountancy and finance jobs

We published our monthly financial services London Employment Monitor to the leading media in this sector last week. (see link below).  Measuring the pulse of recruitment activity across the city, the signs based on January’s data are that London has come through a challenging 2009 and made a very healthy start to 2010…

Job vacancies in City up 60%, Financial Times – 10 February 2010

London Jobs

 We witnessed a 105% increase month on month in job volumes.  Always wary about the effects of Christmas and year end / budget submissions on these numbers the “real feel” is probably better reflected in the 60% uplift on the same month a year ago.

 What will be interesting over the rest of the first quarter will be to see how the time taken to fill roles is affected by this perceived increased demand.   I would fully expect to see this time to come down below the two month average that we saw last year.

It seems evident that the reasons London became a leading global financial services player endure:  geographically well-positioned, with a community of institutions that have accumulated some of the brightest talent - It is encouraging to see good career prospects returning to the City to attract the best!

Morgan McKinley London Employment Monitor January 10

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After holding our breath for 2009, we are finally seeing the market starting to move in the West Country.  With the challenging first two weeks of snow, snow and more snow, where many were fighting to actually make it into work, the second two weeks of January have seen a significant increase in the volume of accountancy and finance job vacancies across the board. More candidates are now starting to look for opportunities and the overall feel is that we are finally starting to see recovery.

Snow and mud

We are nearly through the first month of the first quarter; activity in all areas is gaining momentum with more and more companies opening their doors to us. We are cautiously looking forward to consistent, increased momentum and the “feel good factor” remaining for the rest of 2010.

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