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Job demand declines for retail banking and mortgage sectors

by Staff Reporter7 minute read
The Adviser

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

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