London sees jobs market surge as Brexit fears wane

More jobs are being created and salaries are being increased as of last month, a report from the Recruitment and Employment Confederation (REC) found. And it seems that London's job market is now booming after a six-month hiring decline, achieving its second consecutive month of increase. 

The Times reports that this could suggest that fears over Brexit are waning.

“The jobs market continues to beat expectations as we begin the New Year,” commented Kevin Green, REC Chief Executive.

“More people are finding jobs each month, and demand for staff is growing. We’ve seen two months of growth in London, which is particularly encouraging following a difficult period between the EU referendum and October.”

The Midlands reportedly saw the greatest increase in permanent candidate places, followed by the North. However, Scotland saw these types of roles decline.

“The big question for 2017 is about how employers will fill vacancies,” continued Green. “The unemployment rate is at a record low and candidate availability for temporary jobs has been getting worse for the last three and a half years. There is an urgent need for people to fill roles in catering, care, and food manufacturing – in these sectors especially employers rely heavily on workers from the EU.”

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