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Increase in advertised jobs across the UK

Increase in advertised jobs buoyed by the festive season

Total advertised vacancies reached a post-recession high in September, buoyed by retailers with one eye on the festive period, according to the latest UK Job Market Report from Adzuna.co.uk

The number of advertised vacancies in the UK rose 27.5% to 906,191 in September, up from 710,859 in September 2013. It marked the highest number of total advertised vacancies since the recession, and the fourth consecutive month of growth. Advertised salaries also reached a post-recession high, growing two per cent year-on-year in September. The UK’s average advertised salary now stands at £34,695, compared to £34,005 a year ago. Jobseeker competition also declined significantly in the past 12 months. The ratio of jobseekers to vacancies fell from 1.86 in September 2013 to 1.02 in September 2014.

Andrew Hunter, co-founder of Adzuna, said: “The cautious green shoots of job market growth are now beginning to firmly take root as businesses revel in new-found economic confidence.
“The number of vacancies on offer is rapidly expanding, and UK vacancies crossed the one million mark in the last few days, which bodes well.”

He added: “At the same time unemployment has fallen to below two million: its lowest level since 2008. That potent combination of factors is catalysing a recovery in salaries – as employers raise wages in order to attract the talent they need to respond to an uptick in business demand.

Employers are also increasingly aware of the bounty of opportunities available to existing employees looking to move jobs, and are handing out pay rises to prevent talent falling through the cracks.”

Read more: http://www.gloucestercitizen.co.uk/Increase-advertised-jobs-buoyed-festive-season/story-23728858-detail/story.html#ixzz3IlmpNnoF