City Jobs On The Rise

Recruitment firm Astbury Marsden has said that job vacancies in the City rose in May by 25% – its highest since August 2011 – as banks added roles in areas such as foreign exchange and derivatives.

Over 4,300 positions became available in London’s financial districts; but, while up from 3,455 in the previous month, it is down a third from a year ago.

Mark Cameron, chief operating officer at Astbury Marsden said: "Although the eurozone crisis is a block to a stronger and more sustained recovery in the financial services sector we have still seen a gradual return of confidence amongst City employers.

"Sentiment has improved since the latter stages of 2011 but, to put this recent recovery in perspective, the jobs market is still far lower than this time last year.

"Given that the recent political deadlock in Greece and the banking crisis in Spain have made a swift resolution of the eurozone crisis less likely, this significant rise in the number of new jobs is a pleasant surprise for City staff."