UK jobs market remains steady

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The UK jobs market shrank slightly in April following a record first quarter, but year-on-year growth remains strong, according to data released today.

The Reed Job Index figures highlighted a 2% drop in employment opportunities during April, but this followed a 9% increase in the first three months of the year and contributed to a 14% year-on-year rise in employment opportunities overall.

The report highlighted growth in the majority (85%) of sectors, particularly in social care (64%), construction (60%), education (51%), and health and medicine (51%).

The majority of regions across the UK are offering more opportunities than they were a year ago. Monthly growth in London unexpectedly fell in April by just over 2%, but the capital is offering 11% more opportunities compared with last year.

Commenting on the figures, James Reed, chairman of reed.co.uk, said: “April saw a steadying of the jobs market, with a slight dip due to an expected seasonal fall following the Easter bank holidays. So far this year, the index has been showing a clear and continuing trend for growth, which was reinforced by last week’s positive news that the UK economy avoided a triple-dip recession.

“We’re now seeing people apply for new jobs in unprecedented numbers, as many who have been sitting tight during the tough economic conditions of the last few years gain the confidence to look at furthering their careers with a new employer.

“Salaries have remained static for over three years against a rising cost of living, so now is the time for many people to look for something new.”

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