Accountancy job growth ‘worst in industry’

Accountancy job growth 'worst in industry'

Accountancy job creation is moving at the slowest rate of any financial sector, with an increase of less than 10%

ACCOUNTANCY JOBS are growing at the slowest rate of any financial sector, according to new data from eFinancialCareers.

Professional services including accounting and finance and consultancy expanded 9% quarter-on-quarter, compared with a 150% spike in the number of new equities-focused posts.

Capital markets and research also offered good opportunities for new jobs, while private banking and wealth management displayed expansion at a similar rate to accountancy.

James Bennett, eFinancialCareers’ managing director of Europe, the Middle East, Africa and Asian-Pacific countries, said:

“In spite of the poor set of first quarter figures reported by UK banks, employment numbers are up in the City – albeit more slowly than this time last year. It’s encouraging to see some growth in the professional services sector, suggesting the City’s recovery is now beginning to touch the wider employment market.”

 

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