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Job demand declines for retail banking and mortgage sectors

Staff Reporter 1 minute read

Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job Index released yesterday.

The index recorded a 3.78 per cent fall in demand in the finance and banking sector, seasonally adjusted, compared to 0.72 per cent positive growth for the nation as a whole.

Demand for employees in retail banking and mortgages (a sub-sector of finance and banking) fell by 4.6 per cent over the month, resulting in an annual change of negative 15.5 per cent – the worst annual result of all financial sectors.

Published: 11-04-08

Job demand declines for retail banking and mortgage sectors
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