Record number of job adverts for the year

It’s certainly a good time to be a jobseeker in the UK, with a new report revealing that the end of last month saw a record high of active job adverts for 2022.

The Recruitment and Employment Confederation’s (REC) latest Labour Market Tracker showed that during the last week of July, there were 1.85 million job adverts in the UK with figures having remained stable over the last couple of months.

Kate Shoesmith, Deputy CEO of the REC, said, “This new data shows the continued strength of the jobs market, despite any wider economic uncertainty. The number of job adverts being posted each week is stable. It’s a great time to be looking for work as a jobseeker, as employers are having to think more about the pay, benefits, conditions and development opportunities they offer both new starters and current staff as they compete for talent.”

Shoesmith added, “There is a danger that with costs soaring, employers will have to reprioritise – as there is still no viable support package for businesses to meet these rising costs. We know that employers’ confidence in the broader economy has started to drop.

“Government must play its role, both in supporting people and businesses through the current crisis, and also by working with industry to create a sustainable labour market. We need a long-term workforce strategy that encompasses skills, immigration and makes childcare and local transport part of the infrastructure of our labour market.”

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