London job market - thoughts on when it'll pick back up?
Things still looking pretty abysmal here... is it just a matter of waiting it out till rates come down?
Things still looking pretty abysmal here... is it just a matter of waiting it out till rates come down?
Career Resources
Based on the WSO Dataset, the London job market has indeed faced significant challenges, particularly highlighted in the "London 2023 Progress Megathread." Many individuals have reported a high rate of rejections and layoffs, contributing to a sense of discouragement among job seekers, especially international students. The sentiment expressed is one of frustration and limbo, with no immediate signs of recovery in the job market.
Regarding interest rates, while they can influence economic recovery and employment levels, the direct correlation to job market recovery can be complex. Typically, lower interest rates can stimulate economic growth, potentially leading to job creation. However, other factors like political stability, global economic conditions, and sector-specific issues also play critical roles.
In summary, while waiting for rates to come down might be part of the strategy, it's also crucial to keep an eye on other economic indicators and perhaps focus on sectors that are showing more resilience or growth. Networking and staying informed through platforms like WSO can also provide opportunities and insights that might not be immediately obvious.
Sources: We Talkin’ Bout Profits? | The Daily Peel | 1/4/22, London 2023 Progress Megathread, When do y'all think hiring picks back up?, London 2023 Progress Megathread, Could the banks halve their London work force due to Brexit?
Quibusdam saepe fugit praesentium nobis rerum voluptatem eligendi autem. Sed iure sint voluptatem sunt. Consequatur et odit ut adipisci. Temporibus velit fuga quis qui voluptas qui. Et est rem molestiae.
Doloribus voluptatem iste cum porro. Omnis excepturi nesciunt fugiat occaecati labore. Voluptatem commodi tempore nulla omnis architecto nemo.
Reprehenderit rem qui rem consequatur sed in. Molestiae libero incidunt eius fugiat quas.
Maiores voluptatem et nostrum sequi a sequi. Debitis corrupti hic occaecati atque aut ipsa reprehenderit. Perferendis laudantium dolorum ut et dicta. Quod nesciunt adipisci sed minus nihil velit. Laborum dolorem occaecati possimus voluptatem a explicabo. Excepturi temporibus error nesciunt qui. Ratione temporibus facere error enim nihil tenetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...