Growth in new job adverts accelerates as confidence rises and restrictions ease

//Growth in new job adverts accelerates as confidence rises and restrictions ease

Growth in new job adverts accelerates as confidence rises and restrictions ease

2021-06-16T13:26:33+01:00 May 16th, 2021|All|

As the recovery gathers momentum and lockdown eases further, businesses are becoming increasingly confident about hiring new staff.

  • 181,000 new job adverts posted in the first week of May, equalling a total of 1.53 million active job adverts in the UK
  • Follows record high of 211,000 new job postings in the final week of April
  • Easing of lockdown has translated into increased confidence in the economic outlook and more job adverts
  • Continued growth for roles in hospitality, as well as more adverts in other service industries
  • In early May, Angus & Dundee City, followed by Belfast, were the hiring hotspots in the UK
  • Isle of Anglesey and East Lothian & Midlothian recorded the biggest falls in active job postings, while five of the bottom ten local areas were in Scotland

The REC’s Jobs Recovery Tracker found that in the first week of May there were 181,000 new job adverts posted online, giving a total of 1.53 million active job postings in the UK. This came on top of another 211,000 in the last week of April – a new record high for any week since the onset of the pandemic.

Since early March, we have seen stronger growth in new job postings with a weekly average of around 164,000 – up from an average of 132,000 new job adverts every week in January and February. This sustained growth during the past two months shows how businesses are now much more willing to bring in new staff as lockdown eases and the economy continues its recovery.

Neil Carberry, Chief Executive of the REC, said:

“The jobs data continues to give us good news for the recovery. Since governments across the UK announced plans for easing lockdowns, we’ve seen a robust and rising rate of new job ads being posted. As restrictions ease, those numbers have continued to rise. Business leaders are feeling more confident now than at any point during the past year.

“In this market, the challenge is more likely to be about helping people access newly created jobs, rather than job creation itself. The announcements on skills in this week’s Queen’s Speech will help with this – but only if employer feedback is taken on board. The consistent business feedback that the Apprenticeship Levy isn’t working needs to be addressed, with reforms that mean all workers can access training through a more flexible system. A reform to the levy would really speak to the government’s levelling up agenda.”

Headquartered in Cambridge Aspire Cambridge have been providing cost effective Recruitment and HR solutions to an impressive portfolio of customers spanning the UK and Europe and in 2019, 2020 and again in 2021 awarded “The Best Recruitment and HR Solutions Provider” in England.

From taking on your first employee to managing your greatest resource – people, we’ve got it covered; from Recruitment to Human Resources, we pride ourselves on “Placing People First”.

To discuss your Recruitment or HR needs contact our team of dedicated professionals today on 01223 855440.

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