The number of jobs available in the UK rose almost 15 per cent in the second quarter of the year, suggesting businesses are staying strong, despite uncertainty, new data released today showed.
Figures by recruitment website CV-Library found job vacancies and advertised salaries had both risen in April, May and June, with the number of jobs available in the manufacturing sector rising 24 per cent. Meanwhile the number of jobs in the charity sector rose by 21 per cent, and jobs in automotive increased by 20.4 per cent.
The figures also found job-hunters should head north: growth in Scotland's key cities was "particularly impressive", with the number of vacancies available in Glasgow rising 26.4 per cent, while jobs in Aberdeen rose 17.8 per cent and openings in Dundee rose 16.6 per cent. That compared with London, where job vacancies rose just 11 per cent.
The figures chime with official data published last week, which showed unemployment had fallen to a historic low of 4.5 per cent in the period between March and May, although wage growth remained muted, with earnings including bonuses rising just 1.8 per cent, well below the UK's 2.9 per cent rate of inflation.
"The increase in advertised salaries further illustrates the high business confidence in the last quarter, suggesting that they are fighting to offer the most competitive packages," said Lee Biggins, managing director of CV-Library.
"However, it’s clear that candidates are not reciprocating this confidence, with application rates dropping across the UK. As the dust settles on the recent election, we hope to see candidate appetite pick back up – especially given that there are some great opportunities out there in many of the UK’s top industries.”
The 10 industries with the biggest growth in vacancies
|Industry||Growth in job openings|