FSA announces significant recruitment plans for 2010

FSA announces significant recruitment plans for 2010
IT contractors may be receiving a jobs boost from Financial Services Authority plans to recruit 460 new staff in 2010.

The FSA will be employing extra staff as part of its plan for a more "robust" supervisory approach towards the largest institutions.

Reacting to the news, the Recruitment & Employment Confederation (REC) said that any uncertainty over the future of the FSA in the build-up to the general election should not put people off applying for the available jobs.

"Over the past three to four months, the recruitment industry has seen a large increase in demand for workers in the financial sector, particularly for those with high-end skills," according to Bill Haynes, chair of the REC's accounting and financial services group.

The FSA announcement is positive news in a difficult job market.

Earlier this week, the REC said that the shrinking public sector jobs market looks like leading the economy into a "jobless recovery".
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