While the UK invoked Article 50 to leave the European Union, the move had no negative affect on London hiring, according to the London Employment Monitor from professional services recruiter Morgan McKinley. The number of jobs available rose 17% on a month-over-month basis in March and was up 13% on a year-over-year basis.

“Businesses are done trying to read the tea leaves to see what lies ahead, and they’re getting back to the business of hiring talent,” said Hakan Enver, Operations Director, Morgan McKinley Financial Services.

“This time a year ago we were looking at significant drops in the number of jobs available. There’s a growing sense that we have a real opportunity to reshape how business is done, for the better,” Enver said. The jobs spurt is being fueled by hiring in regulatory finance, risk management, and fintech with jobs up across the board from startups to major institutions.

Enver said the London Employment Monitor’s finding of a 9% decrease in job seekers was moderate, especially compared to March 2016 when job seekers were down by 25%. In addition, March is traditionally a quite month for job seekers.

There also appears less concern over financial services institutions leaving London because of Brexit as they appear to be only moving specific units or expanding their reach into other cities. “A new office in Brussels has yet to result in jobs lost in London,” Enver said.

Upcoming elections in key European countries this year also means things will likely remain rocky for the foreseeable future.

One concern on the horizon for London is over freedom of movement with Brexit.

“Investors are paying very close attention to freedom of movement. The financial services industry follows the money, and the money follows the talent. As of now, the talent is in London, and the government would do well to help keep it that way,” concluded Enver.