The alarming number of United Kingdom job vacancies has again fallen a point last month to a point of 102, as revealed by the Reed Jobs Index. On the other hand, these same figures also indicated job demand increases in several fields, and we’re talking record high booms. Manufacturing has increased 10 points since June. General insurance occupational vacancies have also increased to the 138th position on the index—an increase of 129 as it remained in June.
The news pours in as figures from last month indicated the amount of unemployed individuals decreased by 34 thousand in just three months. It is predicted, however, that these rates could rise later on the year as public sector jobs begin to dwindle.
The Reed index also found that salaries for new jobs remained steady, to register a reading of 95 for the third month running. While pay remains 5pc below the December 2009 index, The Reed index has also discovered that salaries for new professions have remained relatively study. Although the collective pay has remained considerably lower than the December 2009 index readings, the levels stay on track: £31,909 in July compared to £31,879 in June, as the survey claims.
Managing director of Reed, the famous recruitment farm, claims that “Employers are still a little nervous about just how sustainable the economic recovery will prove to be, according to the index’s downwards slip in July.
“At the same time however, some key job sectors bucked the trend, with demand for new staff in these areas rising to their highest level since the index began.”
“The increase in manufacturing sector demand was “particularly significant…Clearly while demand in the public sector falls back, other areas are preparing for future growth, even though it is difficult to predict how robust this will be over the rest of the summer,” Warnes said. The report has shown record low drops in the public sector, as well as education, which dropped down nine points.
