London Vacancies up more than 50%
Britain’s jobs recovery has continued to soar as the latest data showed that London vacancies jumped by 52% since the beginning of the year.
Research by CV-Library, which analysed the job postings and applications for all roles within 12.5 miles of London, found that the number of jobs posted or renewed in the London area has increased by 52% over the last year, with a 20% boost in the last month alone.
London jobseekers have been applying to even more jobs, with a six per cent increase between August and September and a three per cent increase year on year.
“The volume of job postings and applications is usually seen to dwindle over the summer months and now that candidates and hiring managers are back from holiday, the recruitment process has been seen to resume in earnest,” a CV-Library spokesman said. “There has been a huge push in companies advertising. Industries such as administration, construction and accounting continue to proportionately monopolise the total number of job applications, whilst also revealing the most significant amount of growth in terms of candidate interest.”
Circle Managing Director Steve Ricketts was pleased with the increase in vacancies: "There is certainly an increase in the amount of vacancies, in London and across the whole of the UK. However, it is important not to read too much into these statistics. As the economy is better this year, more recruitment agencies will be choosing to use CV Library and posting their adverts to that particular site, when perhaps last year they didn't want to pay for CV Library. This will certainly account for some of the 50%, in my view".