Bloomberg News

U.K. Job Index Fell in September on Bank Employment, Reed Says

October 03, 2011

Oct. 4 (Bloomberg) -- A U.K. gauge of new jobs weakened in September as employment in banking fell to a record low, recruitment company Reed said.

The Reed Job Index fell to 121 from 122 in August, the London-based company said in a report today. A gauge for banks fell to 75, the lowest since data began in December 2009, from 86 the previous month. A measure of salaries for new jobs held at 97.

The hiring gauge for the public sector was at 57 in September, the lowest of 24 categories in the Reed survey.

--Editors: Fergal O’Brien, Andrew Atkinson

To contact the reporter on this story: Jennifer Ryan in London at jryan13@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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