Research shows increase in advertised vacancies and salaries

The number of advertised vacancies in the UK has reached a 19-month high, according to research from Adzuna.

The research showed that the number of advertised salaries in June stood at 1,202,573 - the highest figure recorded since November 2015, when 1,244,772 vacancies were available.

Options

The figures show that the job market has continued to strengthen despite uncertainties over Brexit, with jobseekers and employers now having access to more options as a variety of roles and flexible jobs become available.

Winchester was found to be the fifth most desirable location for finding a job, with competition for jobs dropping by 32 per cent year-on-year.

The research also showed recovery when it comes to average salaries. Salaries in London now stand at £39,232, a rise of 0.2 per cent in the 12 months leading up to June 2017. This marks the first annual increase in salaries since July 2015. The number of available jobs in London has reached 265,568.

In terms of salary growth across different sectors, scientific & quality assurance jobs saw the biggest improvement, with a year-on-year rise of 1.8 per cent to £38,926.

Resilience

Commenting on the figures, Adzuna Co-Founder Doug Monro said: “The rise in the number of vacancies highlights the resilience of the UK jobs market. Jobseekers are spoiled for choice by the expanding opportunities available.

Although salary growth remains stagnant in most regions, it is encouraging to see London join Eastern England, Northern Ireland and Wales as an area where the green shoots of recovery are visible.

With more than a quarter of a million openings in London at present, there are plenty of opportunities for modern day Dick Whittingtons to see if the capital’s streets really are paved with gold.”