The American Empire in a Changing World


Tuesday, November 13, 2012

''City of London jobs expected to slump to 20-year low''

From The Guardian

''City job numbers are expected to fall to their lowest level in two decades next year as banks and investment houses continue to make deep cuts to ailing operations, according to a study.

The number of people employed in the financial sector in London, excluding most accountants and lawyers, has already sunk below 250,000 this year, 11% down from last year. It was more than 350,000 before the financial crisis struck.''

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