Trends That Will Define the U.K job market
Things can only get better, right?
Whether you’re seeking a new job or considering a career change, keeping an eye on the UK job market is crucial. Despite a turbulent period due to the pandemic, recent data from the Office of National Statistics reveals positive changes. Let’s explore some highlights that might inspire your job search.
Employment is steadily improving
After the initial blow of COVID-19, unemployment surged. However, as life returns to normal and businesses reopen, employment is on the rise. According to recent statistics, payrolled employees increased each month leading up to June 2021, indicating a positive trend.
Job vacancies are increasing
Between March and May 2021, there were over 700,000 job vacancies in the UK, almost returning to pre-pandemic levels. As industries recover and the holiday season approaches, job availability is likely to increase further.
Average weekly earnings are rising
The average weekly total and regular pay in July 2021 were £578 and £542, respectively. Wages have been climbing since early 2020, although inflation and living costs also play a role. Earnings vary across sectors impacted differently by the pandemic.
Total worked hours are up
Shift workers’ hours have increased, likely due to relaxed COVID-19 restrictions. Sectors like hospitality are bouncing back, leading to higher demand for staff.
Redundancy rates are down
Redundancies have decreased, reaching pre-pandemic levels. This provides better job security for workers, encouraging career advancements.
In conclusion, the UK job market is showing positive trends. Whether you’re starting or advancing your career, now is a favorable time to explore new opportunities. Embrace the upward shift and begin your journey towards your next job today.
#UKJobMarket #JobSearch #CareerOpportunities #UKRecruitment
#JobOpportunities #TalentSearch #CareerAdvancement #HiringUK #JobSeekers
#WorkInUK #JobPlacement #ProfessionalDevelopment #LibertyLoomTalent
Things can only get better, right?
Whether you’re seeking a new job or considering a career change, keeping an eye on the UK job market is crucial. Despite a turbulent period due to the pandemic, recent data from the Office of National Statistics reveals positive changes. Let’s explore some highlights that might inspire your job search.
Employment is steadily improving:
After the initial blow of COVID-19, unemployment surged. However, as life returns to normal and businesses reopen, employment is on the rise. According to recent statistics, payrolled employees increased each month leading up to June 2021, indicating a positive trend.
Job vacancies are increasing:
Between March and May 2021, there were over 700,000 job vacancies in the UK, almost returning to pre-pandemic levels. As industries recover and the holiday season approaches, job availability is likely to increase further.
Average weekly earnings are rising:
The average weekly total and regular pay in July 2021 were £578 and £542, respectively. Wages have been climbing since early 2020, although inflation and living costs also play a role. Earnings vary across sectors impacted differently by the pandemic.
Total worked hours are up:
Shift workers’ hours have increased, likely due to relaxed COVID-19 restrictions. Sectors like hospitality are bouncing back, leading to higher demand for staff.
Redundancy rates are down:
Redundancies have decreased, reaching pre-pandemic levels. This provides better job security for workers, encouraging career advancements.
In conclusion, the UK job market is showing positive trends. Whether you’re starting or advancing your career, now is a favorable time to explore new opportunities. Embrace the upward shift and begin your journey towards your next job today.
#UKJobMarket #JobSearch #CareerOpportunities#UKRecruitment
#JobOpportunities#TalentSearch
#CareerAdvancement#HiringUK#JobSeekers
#WorkInUK#JobPlacement
#ProfessionalDevelopment#LibertyLoomTalent