Edinburgh Has High Financial Recruitment Prospects
Written by Geoff Newman on 1/6/2012
Edinburgh saw an unprecedented number of job vacancies advertised in the city in October and November last year, with the majority of the availabilities being for financial jobs, and positions in banking and insurance.
Figures compiled by the Edinburgh Chamber of Commerce showed that 9,115 new jobs were advertised during the two months - a figure that has not been seen in any month for the last four years, and the highest advertised in October since 2004.
The managing director of the Chamber, Graham Birse, said that the figures indicated the prosperity that is growing in the Scottish capital.
"What these figures show is the underlying strength in depth of the Edinburgh economy," he said. "What is encouraging is that there are economic investors and institutions that are willing to come in and employ people."
Aside from the boon for the financial sectors, other lines of work that saw significant demand for staff included distribution, hotels and restaurants and public administration, education and health.
Edinburgh Council's director of city development, Dave Anderson, warned the city's businesses not to let the encouraging figures give them a false sense of security and complacency, as the business landscape remained vulnerable to international vagaries. He said, "I suspect it is in part the 'Primark effect' and a lot of retailers taking on staff for Christmas, but it is encouraging."