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Stuart Gentle Publisher at Onrec

Positive outlook for temporary workers in the City as National Temp Week arrives

With National Temporary Workers Week upon us, it is good news for temporary workers working within the financial services sector in London as the outlook is positive.

With National Temporary Workers Week upon us, it is good news for temporary workers working within the financial services sector in London as the outlook is positive.



Mirroring permanent hiring activity levels, job volumes within the financial services temporary and contract market are high and in turn this is leading to an increase in opportunities at all levels as well as some upward movement on temp pay rates at the senior end of the market.

Andrew Evans, Operational Director of Morgan McKinley explains, ìThe temporary market is currently healthy and we are experiencing strong levels of hiring across the board and at all levels. Demand is particularly high within Product Control, Business Analysis, Financial Control, Risk Management and Projects.î

Andrew Evans continues, ìThe robust state of the market is due to improved market conditions and good financial performances by a number of the key players in the City during 2004 and the first half of 2005. Unless there is a major upset in the worldís financial markets, indicators point towards temporary and contract hiring continuing in this relatively buoyant mode for the remainder of 2005 and into 2006.î

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