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Jobs spike in City over Euro fears

vivatifosi
vivatifosi Posts: 18,746 Forumite
Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
in Debate House Prices & the Economy
I did consider posting this on the thread re Euro but it's also interesting as a comment on recruitment increasing in the City, as well as recruitment in the banks that are taxpayer-owned. Good news for anyone looking for a job there I guess...

http://www.independent.co.uk/news/business/news/fears-over-euro-spark-hiring-spree-in-the-city-7814867.html

'The City jobs market had its best month since August last year as it created 4,320 posts in May – a 25 per cent rise on the previous month, says financial services recruiter Astbury Marsden.

The biggest surge in the jobs market is coming in foreign exchange and interest rate swaps on worries over Spain's struggling banking system as well as the potential impact of a sudden pull-out of the single currency by Greece. Most of London's biggest investment banks, including Barclays Capital and Royal Bank of Scotland, are thought to be adding staff.'
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Comments

  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They are getting ready for the storm that is about to hit us.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Are salary packages at the same level as post crisis levels though?
  • DpchMd
    DpchMd Posts: 540 Forumite
    AndyGuil wrote: »
    They are getting ready for the storm that is about to hit us.

    You're like a broken record.

    Nice to see jobs being made, regardless.
    "Beware of little expenses. A small leak will sink a great ship." - Benjamin Franklin
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    DpchMd wrote: »
    You're like a broken record.

    Nice to see jobs being made, regardless.

    It is great to see jobs being made. They are in preparation of the absolute hell that about to be let loose because of the euro breaking down. You can make money on the way down as well as up.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    AndyGuil wrote: »
    They are getting ready for the storm that is about to hit us.
    Which storm is that?
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    Which storm is that?

    The failure and breakdown of the euro zone. Greece is the first to leave.
  • Wookster
    Wookster Posts: 3,795 Forumite
    chucky wrote: »
    Which storm is that?

    Seriously?

    Have you been living in a cave?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 4 June 2012 at 8:27PM
    Wookster wrote: »
    Seriously?
    There have been so many, none have seemed to deliver with that doomsday scenario that you preach about.

    When banks were collapsing people were losing jobs and you were rejoicing.
    Wookster wrote: »
    Have you been living in a cave?
    No I live in a house. Do you live in a cave?
  • purch
    purch Posts: 9,865 Forumite
    vivatifosi wrote: »
    I
    The biggest surge in the jobs market is coming in foreign exchange and interest rate swaps

    I think I might apply.

    I'm getting bored with this retirement lark !!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    purch wrote: »
    I think I might apply.

    I'm getting bored with this retirement lark !!!

    If Germany goes back to the Deutsche Mark you'll be sorted :D
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
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