Job market booms as hiring growth spreads nationwide

Wednesday, February 3, 2016

January has set a high precedent for job growth in 2016. A new report reveals that vacancies in January 2016 increased by an impressive 15.8%, when compared with January 2015.

The data from CV Library shows that the UK enjoyed a record-breaking January, with over 144,600 jobs being advertised at any given time. With employers increasing their recruitment at the start of the year, candidate’s interest has also peaked at 16.7%. This means that January was one of the only months in over a year in which candidate applications exceeded job growth.

Lee Biggins, Founder and Managing Director of CV-Library, explained the data, saying: “Despite the UK economy operating in a state of uncertainty – from challenges in the manufacturing industry to a looming EU referendum – the labour market is continuing to flourish. January is always a busy month for the recruitment industry as employers and candidates look to the year ahead.

“In the final months of 2015 we saw a growing trend of ‘Candidate Power,’ in which application rates failed to maintain pace with job growth, so the data from January is extremely promising for UK businesses which now have increasing candidate choice during the hiring process.”

And whilst this is good news for the country as a whole, some cities and sectors celebrated standout growth, when compared to January 2015. You can find both lists below;

Top five cities

1.            Liverpool (38.1%)

2.            Cardiff (25.2%)

3.            Edinburgh: (20.3%)

4.            Hull: (18.9%)

5.            Birmingham (17.4%)

 

Top five sectors

1.            Social Care: (44.6%)        

2.            Education: (34.6%)

3.            Legal: (27.4%)

4.            Construction: (23.3%)

5.            Automotive: (20.1%) 

 

These findings also seem to align with a report Adzuna released earlier this week. The survey revealed that the number of available jobs shrunk slightly in December of 2015. It dipped from 0.52 jobseekers per role in November to 0.54 in the last month of 2015.

News Article from Recruitment Grapevine: http://www.recruitmentgrapevine.com/article/2016-02-03-job-market-booms-as-hiring-growth-spreads-nationwide?