LONDON FINANCE JOB VACANCIES SLUMPED NEARLY 40% IN 2023

Job opportunities in London's financial sector plummeted nearly 40% last year, recruiter Morgan McKinley said on Monday, as market turbulence and high inflation led employers to tighten their belts on costs. Available jobs in finance decreased by 38% in 2023 compared to the prior year, according to the firm's London Employment Monitor, while the number of job seekers also declined 16%. There was a 42% decrease in jobs available in the fourth quarter of 2023 specifically versus the prior year - the largest such drop since the 2008 global financial crisis, Morgan McKinley said.

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