A job at a London agency has become increasingly lucrative as the city is struggling with a growing population, according to new research.
The number of job vacancies in London rose by 23% in the past year to 3.7 million, according the London School of Economics and Political Science (LSE).
The number increased by 5% in London’s outer boroughs to 1.7m, and in the south east by 11%.
London’s employment figures were revised up to 1,700,000 over the past 12 months, from 1,100,000.
The study by the LSE also said London had lost its number one spot in the European Economic Area (EEA) for the first time since 2005.
The EEA is the union for 27 European countries.
London has lost its position to Paris and Frankfurt in the EEA over the last three years.
The UK government has said that if it leaves the EU it would lose access to the EU’s single market.
The LSE’s report also said there had been an increase in the number of young people entering the job market in London.
The unemployment rate in the capital was 9.4% in September, compared with 7.1% for the entire UK.
The biggest employers in London are London-based companies such as recruitment firm Upwork and IT firm Deloitte.
In contrast, the number for the rest of the country is growing, according with the Office for National Statistics.
The report also showed that London’s unemployment rate is lower than it was in the UK’s peak, at 10.2% in February 2007.
This was down from the UK average of 11.9%.
But the increase was still the highest in Europe at 11.6%.
The LES also said that the growth of the job markets in the suburbs was the biggest contributor to the rise in London employment.
The suburb population grew by 8.3% in August to 5.7 lakh.
The boroughs of Ealing, Peckham and Lambeth were the only ones to fall, down by 2.4%.
It was also the only area of London that did not gain population in the last 12 months.
London’s job market has improved as the population has risen, but there are still problems with the economy, including the rise of the capital’s cost of living.