Accounting job market shrinks in South East
The South East region of England, the heart of the country's financial services market, has seen a collapse in both permanent accounting jobs being offered and number of applicant registrations.
In June, job vacancies fell by almost a fifth, with registrations down by a third, based on a six month average comparison, according to recruiters Alexander Lloyd.
Consequently the number of people being placed in new jobs fell by 15% after falling 12% in May.
But Neil Quarendon, operations director at Alexander Lloyd said the market remained buoyant despite the poor figures.
He said: ‘Finding experienced and qualified accountancy people who can fill specific positions requires understanding of accountancy functions and knowing how to find the right people.’