People working or job hunting in the finance sector ought to broaden their career choices, one expert has said.
According to Tom Hadley, director of external relations at the Recruitment and Employment Confederation (REC), the credit crunch means that those working for a financial institute may want to think about looking for jobs in another industry.
"We would recommend that you keep an eye out as you might want to look at broader options in terms of jobs, as opposed to limiting yourself to one sector," he said.
Mr Hadley added that the jobs market is "slightly more competitive now than it was this time last year".
He stated that despite some people's worries over the stability of the economy, employers are still taking on new staff.
The Report on Jobs from the REC and KPMG in March 2008 found that retail, hospitality and manufacturing sectors have so far been fairly resilient to problems in the economy.
And construction and other services have actually recorded strong growth rates recently.
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