The number of vacancies in London saw a 9% increase in June 2008 compared to May this year.
In tandem with this, the number of candidates looking for jobs has also increased by about 6%. This means that the total number of jobhunters is currently 17% higher than in 2007.
Jobseekers are taking an average of c.60 days to secure a new position primarily because clients are taking longer to complete jobs. This increased time is a good time to consider temp work as an interim.
The £1.6 billion Westfield shopping centre in Shepherd’s Bush, due to open in October 2008 which currently employs 2,300 people, will create 8,000 new jobs for the West London area with 40 new eateries, a 14 screen cinema and 265 retail outlets…..
Five major retailers have committed to the new Westfield centre. House of Fraser / Next / Marks and Spencer / Waitrose and Debenhams have supposidly started to fit out their stores and niche retailers such as Louis Vuitton have also been confirmed in an effort to attract other brands like Prada / Gucci and Cartier.
Timberland has opened a new style store on the Kings Road in West London, the store called Footwear Plus offers 85% footwear, clothing and accessories. Do you have shoe fitting experience, then head down there and find out what is on offer.
The West End of London is investing vast amounts of money to keep ahead of local competiton. The heads of leading retailers met with Mayor Livingstone recently to discuss the proposed investment of up to £34 Million. This will see the West End transformed over the next 5 years in time for the Olympic games in 2012.
The imminent opening of large shopping centres in White City, Stratford, Elephant and Castle and Wandsworth will see the capitals retail market change phenomenonly. The outcome for the job hunter is that numerous jobs will e created across the retail sector as well as across construction and engineering as these sites need to be developed and transport links between them and to them need to be upgraded.
