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Britain now has more jobs than jobseekers, says report

December 01 ,2014 | by Hari Sri

Britain now has more jobs than jobseekers, says report

Salary growth outstrips inflation, but the number of vacancies has outpaced jobseekers for the first time since the recession.

Evidence of Britain’s booming labour market was published in the latest UK job market report from Adzuna, the online recruitment website. For the first time since the recession, the number of advertised vacancies was larger than the number of people seeking employment.

In October, Adzuna found over 930,000 jobs advertised, an increase of 3.4 per cent compared to September, and a staggering 25.1 per cent more than the amount advertised a year ago.

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Demand soars for professional skills, says report

November 27 ,2014 | by Hari Sri

Demand soars for professional skills, says report

Professional talent is in hot demand as businesses grow in confidence, APSCo finds.

The latest data from the Association of Professional Staffing Companies (APSCo) shows that there is a growing demand for professional skills, with permanent vacancies on the books of professional recruitment companies rocketing by 41 per cent.

This reflects an increasing appetite for growth within firms, as well as the results of employees seeing improvements in the job market and looking for new opportunities.

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UK employers aiming for international growth, says survey

November 20 ,2014 | by Thiago Kiwi

UK employers aiming for international growth, says survey

A sixth of UK employers look to expand into Europe within the next two years.

Growing business confidence, a healthier jobs market and a better year all-round for firms in the UK have given companies the drive to expand into Europe, according to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC).

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Recruitment still needs the human touch

November 17 ,2014 | by Thiago Kiwi

Recruitment still needs the human touch

A government survey has found that employers are still intent on adding the human touch to recruiting new talent.

Technology has become a massive part of our lives and it runs into every aspect – but it turns out that when it comes to hiring talent, employers still prefer a personal touch.

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UK wage growth has surpassed inflation, reveal ONS figures

November 14 ,2014 | by Hari Sri

UK wage growth has surpassed inflation, reveal ONS figures

Pay inflation has picked up last month and surpassed inflation, according to official data.

Concerns about the UK’s slow wage growth have been growing in the past few months as employment rates have risen steadily. But new figures from the Office for National Statistics (ONS) show that last month, pay increases finally surpassed inflation.

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UK professionals enjoy up to 2 digit salary growth, says study

November 13 ,2014 | by Hari Sri

UK professionals enjoy up to 2 digit salary growth, says study

Professionals are seeing salaries increase and candidates are more confident in their job prospects, Hays has found.

It’s well known that the UK’s employment landscape is gathering steam. New figures from recruitment firm Hays indicate that confidence among candidates is growing in an improving job market.

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Satisfaction at work in the UK rises

November 07 ,2014 | by Thiago Kiwi

Satisfaction at work in the UK rises

Satisfaction at work among UK employees is rising, according to the latest report from Randstad.

After years of slow wage growth and a tough economic climate that put many workers off looking for jobs, satisfaction has been waning among the UK’s workforce. But as the latest study from Randstad shows, employees are more fulfilled than they have been in the past 18 months, and they’re overtaking their counterparts in many European nations.

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Rise in pay for UK workers in 2015 set to beat inflation

October 27 ,2014 | by Hari Sri

Rise in pay for UK workers in 2015 set to beat inflation

Pay could finally surpass inflation next year, according to new research.

Every time new figures emerge showing that UK employment is rising, unions, businesses and consumers alike voice their concerns that pay is not picking up. Wages have risen below the rate of inflation for much of the period since the financial crisis, and they have a lot of catching up to do. Fortunately, new figures from human resources firm XpertHR show that wages may finally be due to start outpacing inflation in 2015.

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City of London employment hits record highs

October 21 ,2014 | by Hari Sri

City of London employment hits record highs

Employment in London’s finance sector is at a record high, according to figures from TheCityUK.

Positive news has been appearing for some time on the UK financial services sector, with data suggesting that new business confidence is pushing demand and employment higher. But new figures from TheCityUK indicate that the City is well and truly back on its feet.

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Why should entrepreneurs consider going to university?

October 20 ,2014 | by Sarah Parkin

Why should entrepreneurs consider going to university?

Aspiring entrepreneurs should consider joining business societies while they are at university, says Canadian entrepreneur Emerson Csorba.

For a lot of students, the beginning of the year comes with plans to join all manner of societies. From choirs to sci-fi clubs, film societies and sports teams, there’s really no limits to the variety of extracurricular activities open to them. But for undergraduate and postgraduates alike with an interest in business, entrepreneurial societies should be at the top of the list.

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Online education may become the norm in 2030, new survey suggests

October 17 ,2014 | by Hari Sri

Online education may become the norm in 2030, new survey suggests

A survey has found that experts believe traditional classrooms could be a thing of the past by 2030.

Education is undergoing major change, not just in the UK but worldwide. As technology evolves and learning itself becomes ever more globalised, new teaching methods have become the norm. Yet an entirely different form of education is also on the rise – and the growth of online learning shows no signs of slowing down. In fact, a recent survey suggests that e-learning could well become the norm.

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London sees job vacancies leap by 52% in one year

October 15 ,2014 | by Hari Sri

London sees job vacancies leap by 52% in one year

London has seen a sharp rise in job openings and applications as the labour market gets back on track after the summer.

The summer months are normally a quiet period in the job market, as employers and job-hunters alike take time off and August in particular sees a lull in recruitment activity. As new figures from CV Library show, in London the labour market is back on track now that autumn has arrived.

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New data points to further job growth in the UK

October 10 ,2014 | by Hari Sri

New data points to further job growth in the UK

The UK job market is going from strength to strength, according to data from a number of recent surveys.

Employment is continuing to rise across the UK, as a fresh batch of surveys have pointed towards even better times to come for Britain’s labour market.

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Job market strengthens as young entrepreneur numbers rise in UK

October 08 ,2014 | by Hari Sri

Job market strengthens as young entrepreneur numbers rise in UK

Record numbers of younger people are setting up their own companies, a new study has found.

In an era where youth unemployment remains higher than the overall jobless rate, it might not be surprising that many younger adults are losing faith in the job market. Even though employment has been rising and the UK economy is well on its way to recovery, a growing number of young people are finding new ways to make a living by taking the plunge and setting up their own businesses.

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London voted best place to be in by international jobseekers

October 07 ,2014 | by Hari Sri

London voted best place to be in by international jobseekers

A new study from BCG has investigated where talent from around the world is seeking work – and London is top of the list.

Talent is becoming increasingly global in the 21st century – and the UK remains one of the most popular places in the world to seek a new career opportunity.

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Skills gaps still widening in UK and worldwide

September 30 ,2014 | by Hari Sri

Skills gaps still widening in UK and worldwide

Skills gaps are getting wider and wider in important sectors as employment rises, according to a new report.

Employment is rising quickly in the UK, and graduate employment in particular is performing well. However, many of the industries that are crucial to a balanced and high-performing economy are still struggling to find candidates with skills that they need – and are likely to reward those who can fill the void.

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Biggest drop in UK graduate unemployment for 15 years

September 26 ,2014 | by Sarah Parkin

Biggest drop in UK graduate unemployment for 15 years

Graduate career prospects are improving further, after figures showed graduate unemployment is falling even further.

Graduates know they have an advantage in the labour market, but since the financial crisis employment prospects have taken something of a knock. This year has seen plenty of improvement, however, and new data shows that unemployment among UK graduates is falling at a record pace.

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UK job market continues to grow as unemployment drops by 146,000

September 18 ,2014 | by Sarah Parkin

UK job market continues to grow as unemployment drops by 146,000

Unemployment in the UK has fallen once again, according to new ONS figures, with 146,000 more finding jobs in the three months to July this year.

By now it’s almost dull to hear more positive news about the labour market, but the UK’s economic recovery is showing no signs of slowing down if employment is anything to go by.

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Amazon to double number of UK employees with new London office

September 12 ,2014 | by Hari Sri

Amazon to double number of UK employees with new London office

Amazon’s new office opening in London in 2017 will see the company more than double its UK workforce to 5,000 employees.

Amazon is increasing its corporate presence in the UK after it was confirmed that the company has made an agreement to open a huge new office, right next to the heart of the capital’s tech industry.

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CBI study highlights language skill shortage in Britain

June 24 ,2014 | by Hari Sri

CBI study highlights language skill shortage in Britain

A serious lack of language skills could hinder businesses’ growth intentions, according to the Confederation of British Industry.

Businesses are looking to break into new and high-potential markets around the world, but a new study suggeststhat they may be held back by a shortage of talent with the right language skills.

The latest Education and Skills Survey from the Confederation of British Industry (CBI) and Pearson shows that nearly two out of three businesses that responded said there was a need for foreign language skills within their organisation.

Although the full details of the study have not been published yet, CBI says that figure could well grow as firms become more interested in exports, especially given the government’s recent moves to rebalance the economy in favour of international trade.

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Talent shortage in the City of London boosts salaries

June 17 ,2014 | by Sarah Parkin

Talent shortage in the City of London boosts salaries

New figures from Morgan McKinley show that salaries are rising in the City due to a talent shortage.

Several new studies have recently shown that hiring is picking up across the UK, and the finance sector is performing particularly strongly. But now, a new study from recruiter Morgan McKinley has found that the employment market is becoming even more favourable for finance professionals.

In its latest London Employment Monitor the company found that the number of financial services jobs in London rose by a substantial 15 per cent in May compared to the same month last year.

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ONS data shows strong rise in employment in the UK

June 12 ,2014 | by Sarah Parkin

ONS data shows strong rise in employment in the UK

Britain’s economic recovery has been underlined today by another increase in employment.

There’s been a stream of positive news on the UK’s economic recovery recently, and figures published today by the Office for National Statistics show that employment is continuing to perform strongly.

Over 30.5 million people were in work between February and April – 345,000 more than in the previous three months and up by an impressive 780,000 from the same period last year. That was the single biggest leap since records began.

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Employment set to pick up for UK graduates; finance leads

June 03 ,2014 | by Hari Sri

Employment set to pick up for UK graduates; finance leads

Finance is at the forefront of an upturn in graduate recruitment this year, according to new figures.

It’s an anxious time of year for many students, as exams give way to the inevitable period of waiting before results are published. In spite of the career advantages that a degree can bring, too, many will also be worrying about finding their first job. But for those who are concerned about their employment prospects once they graduate, some good news has appeared over the horizon.

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More jobs for UK graduates prompts rise in hiring

More jobs for UK graduates prompts rise in hiring

Vacancies for graduates in the UK are increasing, figures show, prompting an uptick in hires.

The past few years have been tough for graduates seeking their first roles after university. An increase in the number of people pursuing further study and an economic downturn that put businesses off hiring new staff has kept competition fierce, though it varies from sector to sector.

But figures released on 28 May show that hiring intentions are finally increasing for graduates.

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1-in-5 UK graduates become millionaires, ONS study shows

May 16 ,2014 | by Hari Sri

1-in-5 UK graduates become millionaires, ONS study shows

Around a fifth of everyone who receives university education become millionaires, according to new figures.

When students decide to go to university, the chance to earn a higher salary thanks to their qualifications is often a big part of the appeal. But over the course of post-university life, the wealth earned from a degree might be more than they had expected.

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