Confidence in the City of London remained steady during August, according to the results of a new survey. The Morgan McKinley London Employment Monitor revealed that vacancies in the City rose by 8.5 per cent in August, compared with the same month the year before, which may be good news for graduates seeking banking and finance jobs. And some 43 per cent of City workers said that recent financial uncertainty is only a short-term worry that will pass. The figures also indicate that the number of new jobseekers in the area rose by 22 per cent in August, compared with July. "It's encouraging to see healthy levels of recruitment activity in August and City confidence remaining strong," said Robert Thesiger, chief operating officer of Imprint. He added that "early signs" pointed to a similar trend for September. The overall outlook for recruitment to the end of the year is in line with the average of the past 11 quarters, according to Manpower's Employment Outlook Survey.
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