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London financial vacancies jump 40% from pre-pandemic level

January 17, 2022 / 9:36 AM
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Sharjah24 – Reuters: The number of financial job vacancies in London surged beyond pre-pandemic levels in late 2021, in a sign recruitment in the sector has fully recovered from the COVID-19 crisis, data showed on Monday.
The latest Morgan McKinley winter recruitment monitor, which details hiring trends across London's financial industry, showed 40% more financial sevice jobs available in the fourth quarter of 2021 than in the same period of 2019, before the COVID-19 pandemic hit the economy and put the job market on hold.

Last year, more than 32,000 jobs in finance were created in London, around twice as many as in 2020, supported by a spike in the second quarter as Britain's vaccine programme allowed more people to return to the office.

"In broad terms, the job numbers continued to reflect an encouraging recovery from the impact of Brexit, furlough scheme, pandemic, and lockdowns," said Hakan Enver, managing director at Morgan McKinley. He added that growing fintech investments in London lent a hand.
 
January 17, 2022 / 9:36 AM

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