Demand for jobs in London stabilises but opportunities outside the capital not as upbeat

Demand for jobs in all markets has started to stabilise for the first time in 18 months but prospects for jobseekers outside London were not so upbeat, recruitment firm Hays has said.

UK’s largest recruitment company said the majority of work in the UK was being generated in the capital.

Paul Venables, finance director, told the Financial Times: “In Greater London, it’s been better for about thrre to six months, but as soon as you step outside Greater London, even to the Home Counties, it is still anaemic growth.”

Venables added the growth in jobs in the City, healthcare and education was offsetting weaknesses in areas such as accounting, finance and construction.

Hays also revealed it would look to hire new employees for selective markets around the world, particularly in Asia-Pacific, after detecting early signs of an upturn in demand in the region, particularly from the banking industry.

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