Job Market Monitor
London
Finance / 300,000 jobs gone in the past two years, more than half a million in four years
Wall Street’s cost cuts and dismissals, which have helped erase more than 300,000 financial- industry jobs in the past two years, are far from over. Citigroup Inc. (C)’s announcement yesterday of plans to eliminate 11,000 positions in units spanning equities trading to consumer banking is the latest sign of strain from a market slowdown, stiffer … Continue reading
London / Tech City Apprenticeship Programme aiming at 500 unemployed young people
Leading companies in Tech City, Europe’s fastest growing technology cluster, are launching a major Tech City Apprenticeship programme for unemployed young Londoners. The Tech City Apprenticeship programme will give 500 unemployed young people the opportunity to work in London’s most exciting and high-profile digital companies, including Google Campus, Facebook, TechHub, Moo.com, Poke London, The Trampery … Continue reading
The City / Only 10% of bankers and hedge fund workers believed London will create the most new banking jobs over the next 12 months
Confidence in the City of London jobs market continues to weaken as UK bankers increasingly pick Hong Kong, Shanghai and Singapore as the generators of new jobs, according to a report. A study by recruitment firm Astbury Marsden found that only 10% of bankers and hedge fund workers believed London will create the most new … Continue reading
The City | Women miss out on top jobs
Just one in five mid to senior-level jobs in the City are filled by women and only 6 per cent of managing directors are female, research has found. The survey by Astbury Marsden, a financial services recruiter, suggests women still face a glass ceiling despite efforts by banks and hedge funds to address the gender … Continue reading
London – Financial sector to cut 13,000 jobs in 2013
London’s financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20-year low, as job vacancies also drop in Europe and even Asia, studies showed. Financial firms in Europe’s biggest financial center have laid off more than 100,000 employees since a market peak in 2007, driven … Continue reading
UK – Olympics Boost – Employment up 201,000 and unemployment rate down 0.2
For April to June 2012: The employment rate for those aged from 16 to 64 was 71.0 per cent, up 0.4 on the quarter. There were 29.48 million people in employment aged 16 and over, up 201,000 on the quarter. The unemployment rate was 8.0 per cent of the economically active population, down 0.2 on … Continue reading
Five Europe 2012 Grads Testimony
Athina Prassa in Athens mastered English in four years studying at a private university. It’s a skill that may not help her much as she hunts for work while hard-right thugs roam her blighted neighborhood. Lucy Nicholls in London graduated from fashion school brimming with optimism. It took just a week for real life to … Continue reading
Aviva | 1,300 Employees Fired Mistakenly – Ouch!
Aviva Plc (AV/), the U.K.’s second- biggest insurer by market value, said the company’s investment unit mistakenly sent an e-mail dismissing its entire staff before retracting the message. The e-mail, which was sent by the Aviva Investors human resources department to 1,300 employees globally, told recipients to turn over company property as they left the … Continue reading
North-East UK | 450 jobs go
MORE than 450 North-East workers were facing redundancy last night after another grim day for the regional economy. Two of the North-East’s major employers announced the bad news as an international think-tank said the spectre of a UK double-dip recession was now a reality. About 350 jobs are at risk at the Kerry Foods processing … Continue reading
Crawley | MP welcomes 500 new Tesco jobs
Crawley Observer – Henry Smith MP today welcomed the news that a new Tesco.com store is to be based in Crawley, creating 500 more jobs for the local economy. Henry commented: “As part of Tesco’s powerful economic stimulus announced earlier today, Tesco will be establishing a large new Tesco.com base in Crawley and creating 500 … Continue reading
Royal Bank of Scotland | Cuts 215 U.K. Jobs
Bloomberg: Royal Bank of Scotland Group Plc, Britain’s largest government-controlled lender, said it was cutting 215 U.K. jobs and moving the posts overseas. The cuts will fall on support staff at the bank’s finance division, mainly in Edinburgh and London, a spokesman said. The reductions are in addition to the 6,800 job losses announced since … Continue reading
UK | Disgrace of unemployment becoming a nice little earner | Herald Scotland
DAVID Cameron is sick, he says, of “anti-business snobbery”. Speaking in London the other day, the Prime Minister denounced the “dangerous rhetoric” which holds that wealth creation, as he understands it, “is somehow anti-social, that people in business are out for themselves”. It’s not clear who is supposed to have said these things, but on … Continue reading
Jobs boost as call centre relocates from India to Simonstone – Business News – Pendle Today
A FORMER Burnley College student has given the local jobs market a boost thanks to 5,000-mile relocation. Mr Nigel Eastwood, who studied A-Levels in biology, chemistry and environmental studies, has relocated the customer service operations of New Call Telecom from New Delhi, India, to Simonstone. New Call Telecom, the fastest growing home phone and broadband … Continue reading
IHG to Create 3,000 Jobs in the UK and Launch its Hospitality Training Academy in London – Yahoo! Finance Canada
IHG (InterContinental Hotels Group), one of the world’s leading hotel companies with brands such as Holiday Inn, today announced it is creating nearly 3,000 new jobs across its 275 UK hotels over the next three years, including over 1,100 new jobs this year. IHG also announced the launch of its newest hospitality training Academy in … Continue reading
Intercontinental Hotels to create 3,000 jobs – BBC News
Intercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK. The company, the world’s biggest hotelier, has 275 hotels in the UK. The jobs will be created over the next three years, and will be supported by a new London-based training academy. The training … Continue reading
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