Did Someone Say Hard Brexit?!

Despite the marginal increase in new roles and the continued month-on-month stabilisation highlighted in the last couple of London Employment Monitors, the vast majority of coverage understandably focuses on the 5% year-on-year drop in jobs from this time last year.

October’s London Employment Monitor (LEM) caused quite a stir among our friends in the press, predictably inspiring a plethora of Brexit-themed pieces. At the time of writing, October’s LEM has been cited around 30 times, in publications ranging from the Wall Street Journal to The Shropshire Star.

Yahoo, The Evening Express and AOL lead the charge among outlets attributing the downward trend to growing fears of a HARD BREXIT.

The Belfast Telegraph and The Express and Star take similar positions on the subject, whilst Investment Week go a step further and diagnose the jobs market with a case of the Brexit blues.

Finbuzz and City A.M. expand on the implications of a hard Brexit, delving into the passporting concerns highlighted by our very own Hakan Enver in the LEM. Similarly, Recruitment Grapevine speculate that the UK may face an exodus of talent should the worst come to pass – with Germany, the US and Japan cited as potential career destinations in the apocalyptic post-hard Brexit future. In the here and now, people hunting out new jobs continue to vastly outnumber the volume of roles available, with Recruitment International, City A.M. and Business Insider shining a light on the challenging circumstances faced by job seekers.

And finally, Financial News take a somewhat more optimistic stance on things, placing an emphasis on the resilience of the city job market in the face of Brexit, a view shared by HITC news who declare, “all calm on the job market front”.