Jobs applications during December lowest in five years January 18, 2021 The number of people applying for jobs in December was the lowest it had been in five years, despite the current unemployment rate. Just 2.2 million job applications were made last month, down just more than a third (34%) when compared with the same time in 2019, according to jobs site Broadbean Technology. The job [...]
City salaries up this quarter as London weathers worst of 2020 January 18, 2021 Salaries in the City of London are up 14 per cent on the last quarter, as the city moves past the worst of the pandemic damages. The city jobs market has remained resilient despite the triple threat of the pandemic, Brexit trade deal and the US election. Brexit has also failed to deliver a big [...]
Salaries for those who kept their jobs through pandemic rose in 2020, says Reed January 18, 2021 Salaries for those who kept their jobs through pandemic rose in 2020, says Reed
‘Phantom roles’ may mask the true state of the UK job market January 14, 2021 Last month, the Office for National Statistics (ONS) painted a bleak picture of the UK job market with the hospitality and retail sectors being in a particularly bad shape. ONS data showed the biggest-ever year-on-year decline in job vacancies in those sectors as the number of open positions fell by 49 percent and 52 per [...]
Three quarters of small businesses set to hire next year as vaccine boosts confidence December 31, 2020 Small businesses are looking forward to hiring further staff in 2021 as the vaccine rollout boosts confidence for the year ahead. Some 77 per cent of businesses plan to increase their workforce, with four in ten aiming to do so as early as Q1. The research, conducted by Starling Bank and the Great British Entrepreneur [...]
Furlough extensions keeps redundancy rise to lowest since March December 23, 2020 The extension of the furlough scheme until the end of April 2021 appears to have slowed the rate of redundancies across the UK. New figures from the Insolvency Service show 36,700 redundancies were proposed in November, the lowest monthly figure since lockdown restrictions were introduced in March. The November total is around a fifth of [...]
Treasury urged to focus on job creation amid UK ‘unemployment crisis’ December 14, 2020 The government has been urged to take a more active approach to job creation and keep public spending high to avoid “sleepwalking into an unemployment crisis” next year. The House of Lords Economic Affairs Committee said the Treasury should move away from wage subsidies and instead fund jobs in places they are needed such as [...]
Revealed: The most in-demand and hardest-hit job roles of 2020 December 9, 2020 Couriers are now the most in-demand job of 2020 with over 188,000 monthly vacancies for the position. This is according to a report by Quadrotech, analysing the UK job market to reveal the most sought-after and worst hit jobs of the year. There is little surprise that couriers take the top-spot, with companies such as [...]
Reed chair’s fear of ‘tsunami of job losses’ turns to a bullish call rejecting a UK double-dip recession December 9, 2020 The founder and chairman of recruitment company and jobs giant Reed, James Reed has done a screeching U-turn on his outlook for the UK economy and jobs market.
Four in 10 Londoners to switch jobs due to declining sector opportunities December 9, 2020 More than four in 10 (42%) Londoners are leaving their current jobs and sectors for fear there are declining job opportunities in their current line of work. Londoners are seeking job opportunities that are more stable and will not be impacted by the coronavirus pandemic, with nearly half (49%) of those polled moving sector for [...]