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(Bloomberg) — Job vacancies in the City of London, the capital’s financial district, rose 7 percent last month amid increasing demand from Europeans looking for work.

The number of vacancies climbed to 7,905 from 7,371 a year ago, with a 25 percent gain in people looking for a new role, recruitment firm Morgan McKinley in London said in a statement today. Those securing new jobs received an average salary increase of 19 percent, after a 17 percent gain in August.

The U.K. economy grew at a stronger pace than initially estimated in the second quarter, with unemployment dropping to the lowest in six years in the three months through July. With the euro-region economy stalling, people from across Europe are looking for jobs in London, according to Morgan McKinley. U.K. financial-services firms are seen adding some 28,000 jobs this year, according to the Confederation of British Industry.

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