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The credit industry is showing signs of recovery

The credit industry is showing signs of recovery following 0.1% growth in the final quarter of 2009.
 Figures released today by specialist recruitment websites, and, have revealed a 40 per cent increase in the number of jobs listed on its credit and specialist risk, compliance and auditing employment websites, compared to September 2009.
This is the biggest increase in job listings since the beginning of the recession. Significantly, many well-known high street banks and building societies have begun actively recruiting online during the last quarter, following a sustained period of not advertising jobs during the recession. Director, Brett Marlow, said: Although growth has been slight during the final quarter of 2009 it seems the credit markets are recovering rapidly. The fact that many of the retail banks are now advertising again indicates that the banking system is beginning to get back on its feet. The sites have also seen record numbers of applicants, as Brett explains: Were currently registering over 120 new candidates a day with 45,000 visitor sessions in January alone. Career development is now the most cited reason for registering with our sites, it seems professionals have sensed renewed optimism across the industry and are now actively looking for the next step in their career.Following an extended period of uncertainty it appears 2010 will be a time of rejuvenation and growth for the credit is now in its sixth year of trading and has so far advertised 130,000 jobs, generating over 200,000 applications and attracting registrations from 44,000 credit professionals. launched in 2005 and has already established itself as the leading recruitment website for risk and compliance professionals. There are now over 55,000 registered candidates between the two sites.
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