Survey finds Job Vacancy Growth at a Fifteen Year High

We came across an interesting article from recently, which looked at how the number of jobs in the UK increased at its fastest pace since July of ‘98. Below, we have summarised accordingly.

The rate at which job vacancies are increasing is at its highest since July 1998 according to the figures for November 2013. This trend has been confirmed by both the Office for National Statistics and the REC/KPMG Report.

The Office for National Statistics has shown the number of job vacancies as 545,000 in the three months leading up to October 2013, which is an increase of 6,000 on the previous quarter and an increase of 62,000 on the same three months in 2012.

In a monthly survey of 400 recruiters it was found that the number of people hired into both permanent and temporary job roles increased again but not quite as much as seen in previous months.

As the number of placements rose, there was a simultaneous decrease in the number of people available for either temporary or permanent job roles which fell at the fastest rate in the last six years. All industry sectors have seen increases in recruitment activity, but the most increased growth month-on-month has come in the blue collar sector, which is the busiest for temporary recruitment but quietest for permanent roles.

A leading partner at KPMG, Bernard Brown states that the decrease in the number of available people looking for employment will see “a return of the traditional winter slowdown in recruitment, as staff are more focused on Christmas than careers”, but all of these signs are very positive overall.

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