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October saw the number of new job postings grow by 4.8% compared to the previous month, increasing to 706,480.

The most in-demand workers include:

  • Programmers and Software Development Professionals
  • Solicitors and Lawyers
  • Chartered and Certified Accountants

According to the latest Recruitment & Employment Confederation (REC) and Lightcast Labour Market Tracker, the data shows a continued trend of moderation back to pre-pandemic levels.

Commenting on the findings, REC Chief Executive Neil Carberry, said, “These numbers come from before the Budget, which was a challenging one for businesses when it comes to employment costs. But they do highlight the level of underlying resilience in our jobs market – if firms become more confident about the path of the economy they will invest in new products and jobs.

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“The challenge now is for the Chancellor and the Bank of England to get behind businesses with more positive support for growth. That should start with making sure new laws, like the Employment Rights Bill, encourage firms to create jobs of all forms.”

Neil added, “Employers have improved how they model Christmas hiring needs in the past few years, leading to a steadier, lower Christmas “peak”. Nevertheless, there are opportunities out there for anyone looking to add a bit more to the family Christmas fund. With household finances in a better state this year, consumer confidence at a five-year high and a predicted splurge of advertising spending, many firms will be looking to add staff in the final weeks.”

To find out more about contracting please contact Zeeshan on 01206 591 000 or email zeeshan.anwar@contractorumbrella.com.

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