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Jobs fall 37.2 pc in banking, mortgages

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The Adviser

Demand for employment in the retail banking and mortgage sector fell in May by 4.1 per cent, the Olivier Job Index revealed yesterday.

Over the year to May the sector fell by 37.2 per cent – the most of any sector within the banking and finance industry.

As a whole, job advertisements in the banking and finance sector also continued to fall in May by 1.93 per cent.

Since May 2007, the sector’s job advertising has recorded negative growth of 3.1 per cent.

Published: 13-06-08

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