1.55 million active job adverts. Are we seeing a post-pandemic recovery?

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AUTHOR: Grace Williams
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New research shows that demand for fresh candidates are higher than they were in March 2020, employers are on the look out for new talent to join their company. 

Data from the Recruitment and Employment Confederation (REC) shows continuous growth in job adverts for skilled occupations.

REC says,

  • In the week of 21-27 June, there a total of 1.55 million active job adverts in the UK.  
  • With 192,000 new job postings in the same week, employers demand remains buoyant and at a level higher than before the onset of lockdown in March 2020.

The REC identified this surge in job vacancies as arising from the re-opening of industries which had been closed during the pandemic including hospitality and leisure.

Matthew Mee, Director, Workforce Intelligence at Emsi said:

“At 192,000 new job postings in the last week, employer demand continues to track above levels seen just before the shutdown of the economy in March 2020, when there were around 180,000 new job postings per week. Perhaps the most noticeable shift in this last week is in London and the South East. 

“Both these areas had seen the biggest regional falls in employer demand over the last year, but this week’s ten hotspots for growth are dominated by local authorities in these regions, such as Thurrock, Haringey and Islington, Croydon, Tower Hamlets, and Westminster. Despite this, London as a whole is still tracking behind March 2020 levels, and so it remains to be seen whether the growth seen in these areas this week is a blip, or part of a longer-term trend in which we see employer demand in London and its commuter belt return to pre-Covid levels.”

Source: https://www.rec.uk.com/our-view/news/press-releases/continuous-growth-job-adverts-skilled-occupations-recovery-continues

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