City Workers Enjoy High Levels of Job Security After Financial Crisis
City workers have one the highest senses of job security when compared to employees in separate sectors across the UK.
According to research from recruiter Randstad, which questioned more than 2,000 workers, only 17% of financial services professionals said they felt worried about losing their jobs.
But more than two in ten (23%) of respondents in different sectors to the city said they were worried about getting sacked.
"The financial services sector is one of the dynamic industries in the country," said Tara Ricks, managing director of Randstad.
"Jobs are created quickly to respond to developing demand. Financial services professionals and accountants working in banks appreciate that as the economy heats up, the industry's multinationals move immediately."
The study also found that people working in hospitality were the most secure (13%), with the least secure working in IT (32%).
Randstad said as the market continues to recover demand for accountancy and finance professionals is set to grow further.
The findings come after the Office for National Statistics (ONS) recently revealed that the number of people in work in the UK hit a record high of more than 30 million.
But the country's unemployment rate is still reasonably high at 7.2% when compared against pre-financial crisis levels.
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