Financial services jobs down pending elections
Advertised financial services jobs dropped 1.5 per cent in July, according to the Advantage Job Index.
The latest Advantage Job Index Australian Market Report noted that the job market historically faltered during elections, but nonetheless financial services job advertisements were up 36.6 per cent since July last year.
Across all job sectors, the index dropped 1.3 per cent in July, with building and construction performing the worst with a drop of 9.47 per cent. The report noted that while job advertisements were up 24 per cent on July last year, they were 47 per cent below the peak of January 2008.
The Advantage Graduate Job Index revealed a slow down in opportunities over the last quarter, which followed a pick up in early 2010. The report stated that this mirrors a trend in more experienced hires. Graduate job advertisements in the banking and financial services sector were down 11.1 per cent in July compared to the previous month, although they were up 155 per cent since July 2009.
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