Vacancies bounce back in October

The UK labour market could continue to recover from recession in October, due to rebounding vacancies, according to data from ICAP out yesterday. Vacancies grew 7.6 per cent between September and October, the broker said, compared to a 5.2 per cent drop into September – but vacancies are still 1.1 per cent lower than at the same point last year. The biggest growth in vacancies was in the public sector.