Number of UK Jobs Increases - again
The number of job vacancies in the UK rose again in the period April to June, to 529,000, with the number of unemployed people searching for each job the lowest it has been for over four years, according to the Office for National Statistics (ONS).
And the number of people out of work fell for the fourth consecutive data release in today’s ONS Labour Market Update.
Circle's MD Steve Ricketts is pleased with the continuing upward trend. "As recruitment companies publish their accounts yearly, and often months after they are able to do so, it can be difficult to assess real-time recruitment sector performance. The stats from ONS are encouraging. For the last 30 years, each boom and bust in British economy was felt by the IT recruitment sector nine months prior. Circle are certainly performing exceptionally well. If the economy follows the trend of the previous three decades, people can expect a bright future ahead."
The number of vacancies rose 4.7% from the previous three-month period, March to May. This is the fifth monthly rise in a row and has risen in all but three months since July 2011. This time last year the figure was 11.9% lower.