Number of UK job adverts remains high and stable

(3 minutes to read)

REC: ‘Employer confidence has continued to grow over the past few weeks, and demand for staff remained high in anticipation of the final COVID restrictions being lifted’.

In the run-up to the final Covid restrictions being eased, the number of job adverts increased as more businesses sought to bring on new staff.

The Recruitment & Employment Confederation’s (REC) recent Jobs Recovery Tracker revealed that around 194,000 new job adverts were posted in the week of 12-18th July, which gives a total of 1.57 million active job postings in the UK that week.

The data, produced by the REC in partnership with Emsi, shows that six out of the UK’s top ten hiring hotspots were in London last week as the capital jobs market ‘kicks back into action’.

However, not all areas saw a rise in job adverts during that week with Sunderland (-14.0%) reporting the steepest fall in active job postings, followed by West Dunbartonshire (-11.2%).

Four out of the bottom ten local areas for growth in active job postings were in Northern Ireland, including the Causeway Coast and Glens (-10.1%).

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Kate Shoesmith, Deputy CEO of the REC, commented, “Employer confidence has continued to grow over the past few weeks, and demand for staff remained high in anticipation of the final Covid restrictions being lifted. We have also started to see London’s jobs market kicking back into gear as the hospitality and retail sectors open up and more people return to offices in the capital.

“But with demand so high, many businesses are really struggling to find the staff to fill vacancies. Employers need to consider their offer to candidates at times like these, and we are already starting to see wages rising in some sectors. But businesses and individuals will also be concerned by government plans to raise National Insurance, the nation’s biggest jobs tax, at a time when many are still struggling. Raising NI would disproportionately affect temporary and low-paid workers, who can afford it the least. The social care system is in desperate need of funding, but government must think carefully about whether this is the best way to do that.”

To find out more about contracting please contact Jessica on 01206 591 000 or email jessica.attwood@contractorumbrella.com.

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