1. Wealth
May 19, 2010

WBrief: City vacancies highest since 08

By Spear's

The City of London showed definitive signs of a recovery in the first quarter of this year, as ten out of 12 business indicators improved, with job vacancies and candidates reaching their highest level since 2008, according to International Financial Services London.

The City of London showed definitive signs of a recovery in the first quarter of this year, as ten out of 12 business indicators improved, with job vacancies and candidates reaching their highest level since 2008, according to International Financial Services London.

The City Indicator Bulletin, which is produced on a quarterly basis, shows that vacancies in the City rose 47 per cent from the end of 2009 to reach 16,223 in the first quarter of 2010. Meanwhile, the number of candidates also picked up, hitting 24,450 in the first quarter of this year. However both vacancies and candidates remain well below the highs they reached in most quarters of 2007 and 2008.

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