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Financial services vacancies up in October, graduate job hunters are told

Published: Friday, 26 November 2010   Category: Banking and Finance

New vacancies in London's financial services sector increased by five per cent on a month-on-month basis in October, Britons seeking graduate opportunities have been informed.

According to the latest Employment Monitor study from Morgan McKinley, there was a 13 per cent rise in new opportunities when compared to the same period in 2009.

Furthermore, the company noted that number of professionals searching for new jobs declined by 16 per cent between September and October 2010.

"This increase in job availability indicates improved overall confidence across the sector, following an increase in GDP in the UK in September as well as a notable increase in M&A activity," said Andrew Evans, managing director of Morgan McKinley Financial Services.

However, Mr Evans also warned that hiring activity is likely to slow down in the final stages of the year as managers turn their attention to resourcing requirements for 2011.

Meanwhile, a report in the Daily Mirror this week claimed that about 700 medical graduates could be left without a place on the two-year NHS training programme next year.

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