Vacancies continue to grow despite economic uncertainty
(2 minutes to read)
Umbrella company contractors will be pleased to learn that the first quarter of 2016 has seen a 15.1% growth in job vacancies, despite concerns surrounding the EU referendum, a ‘wavering steel industry and a weakened sterling’.
The latest findings, carried out by job site CV-Library comparing data from Q1 2016 to Q1 2015, revealed that job growth can be seen in a number of key sectors and all across the UK, which suggest that growth is not limited to one region or industry.
An example of some of the sectors to experience the strongest job growth in Q1 2016 includes: Arts / graphic design (43.1%), Social care (36.9%), Legal (33.6%), Catering (26.9%) and Marketing (21%).
An example of some of the cities to experience the strongest job growth in Q1 2016 includes: Liverpool (34.8%), Edinburgh (25.4%), London (16.6%), Hull (16.5%) and Birmingham (11.8%).
Lee Biggins, founder and managing director of CV-Library, commented on the recent findings, “The recruitment industry is often the first to feel the effects of economic fallout, so it’s reassuring to see the labour market remain strong during a shaky economic climate.
“Employers are left with many unanswered questions about how a Brexit would impact the labour market, and what the government will do to support struggling sectors; yet job growth is steady, suggesting that UK businesses are in a strong position and continue to create jobs for the UK economy.”
Simon Dolan is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
Learn more about Lucy on Google.