Finance, energy and mining are driving UK jobs growth, LinkedIn Workforce Report says


The oil price recovery had increased energy jobs (Source: Getty)

The finance, energy and mining sectors were the biggest drivers of jobs growth last month, according to a new report from LinkedIn which taps the data it holds on millions of UK workers.

The rate of hiring was up 16 per cent in October compared to the same month last year, according to the company's monthly UK Workforce Report.

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That rate was at 38 per cent in the energy and mining industries, continuing a trend that started in January off the back of an oil price recovery, said LinkedIn, while finance grew 22 per cent and was the biggest driver of jobs growth in London.

Across the UK, hiring dipped five per cent month-on-month however, on a seasonably adjusted basis, after what LinkedIn described as an extremely strong September. But London bucked that trend however and was up 1.4 per cent.

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Hiring had reversed in the months around the Brexit vote last year as companies held off recruiting staff, falling four per cent between June and July 2016.

LinkedIn's hiring rate is calculated on changes to employer on the profiles of its 23m UK users.