Cambridge comes out top for entry-level finance openings per capita
UK financial services provider CMC Markets analysed data from major job search sites, Indeed and Linkedin, to reveal the UK cities outside of London with the least entry-level vacancies in finance roles. They have also collated cost of living data from Numbeo for these cities to complete the overall picture for decision-making.
The data revealed, an average of 4,400 searches are made for finance jobs and other related terms in the UK monthly. However, finance graduates in some UK cities may face stiffer competition for entry-level roles in the sector.
The worst UK cities for entry-level finance roles:
- Sheffield has the least entry-level finance opportunities relative to its population, with 0.15 jobs per 100,000 people.
- Liverpool, is the 2nd worst city to kickstart a career in finance with 0.23 jobs for every 100,000 people.
- Newport is the third worst city, with 0.32 entry level finance roles per 100,000 people.
- Swansea, ranks fourth, with 0.33 finance vacancies for every 100,000 people
- Cardiff has the fifth lowest entry-level finance jobs per capita, with 0.67 jobs per 100,000 people.
- Plymouth, has 0.76 jobs for every 100,000 people and ranks sixth on the list.
- Colchester has the seventh least entry-level finance jobs per capita with 0.82 jobs per 100,000 people. It is also the second most expensive city on the list, with the average monthly living costs for one person coming to £1,351.7.
- Bradford, is eighth on the list.
- Carlisle has the ninth least entry-level finance jobs per capita, with 1 job per 100,000 people.
- Bangor; it is also the most affordable city on the list, with average monthly costs of £997.10 for one person.
On the opposite end of the spectrum, Cambridge comes out top, with even more entry-level finance openings per capita than the UK’s finance capital, London (7.21 jobs per 100,000), – compared to Cambridge with 13.54 jobs per 100,000 people. However, it’s worth noting that Cambridge has a relatively high cost of living, with the average monthly cost of living for one person coming to £1,765.23, including rent for an apartment outside the city centre.
For more information please view: https://www.cmcmarkets.com/en-gb/