News Article - 23 May 2012
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Employers in the accountancy and finance sectors have "scaled back" on recruitment, according to the latest Monster Employment Index.

The survey found that there were "sizeable decreases in online job availability" in a number of sectors in January, including banking, finance and insurance.

Julian Acquari, managing director of Monster UK and Ireland, said: "The fall in online job opportunities in the UK in January was primarily seasonal - in fact, a similar trend was seen in January in each of the past three years."

He added that recruitment drive cutbacks in the accountancy sector followed the recent volatility in global credit markets, which may indicate it was focusing on other business solutions.

Monster's research also indicated that January's online hiring decrease occurred across all regions in the UK, with the south-west experiencing the greatest drop after two months of growth.

Online job demand in France, Germany, the Netherlands, Sweden and the UK is measured by the Monster Employment Index and figures are based on job posting data from over 1,400 selected websites.

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