We’ve switched our classes to live online. For more Covid-19 updates, click here

General election leads to boost in jobs, employment monitor shows

General election leads to boost in jobs, employment monitor shows

The number of financial services jobs in London increased month-on-month in June as a result of the 2017 general election, according to Morgan McKinley’s London Employment Monitor.

This is the third year in a row that this figure has risen, with an increase of 18 per cent in 2016 after the EU referendum and a rise of 56 per cent in 2015 after the previous general election.


The monitor also showed a boost in the number of professionals seeking jobs, with an increase of 5 per cent month-on-month.

According to Morgan McKinley, people with skills in risk management, quantitative finance, and internal audit are in high demand among institutions, and the finance sector is also taking on workers with artificial intelligence and cyber security skills.

Separate research from Capital Economics and YouGov showed that whilst business confidence is at a low as a result of the general election and Brexit, financial services firms are among the least pessimistic.


Morgan McKinley Operations Director Hakan Enver said: “Each election over the course of the last three years has defied expectations and resulted in an upswing in hiring, albeit with a little less panache this time around.”

Other News

How to Adapt Your Professional Skills For the ‘New Normal’

The ability to adapt to adverse circumstances and new challenges is considered an ideal attribute in the corporate world, especially…

How education can help UK’s soft skills crisis | LSBF Blog

The UK may be suffering from a soft skills crisis which could threaten business productivity, a recent study by Instructure…

What is the difference between an international business degree and a traditional business degree?

An international business degree tends to focus on providing students with a cross-cultural perspective, which is essential for those who…

Back to top