The latest report from eFinancialCareers suggests that Australia’s financial recruitment market seems to be stabilising. However, the same report suggests the financial market should not expect any real growth until some time in 2010.
In an article released this week, eFinancialCareers quotes a study that says almost nine out of ten employers (88%) think financial services hiring will start to rebound before mid 2010.
The article goes on to say that during 2009, 64% of hiring managers expect their firm’s recruitment activity to at least remain at current levels (59%) or increase (5%), statistics which suggest that the employment market might be close to bottoming out.
However, recruitment specislists suggest that whenever the rebound of employment in the financial services sector commences, it will be a long, slow rebound, rather than an ‘overnight surge’, due to there still being a fair element of uncertainty in the financial markets.
Click the following link to access a full transcript of this article: Signs of Stability in Financial Employment
