However, these numbers contain a number of Covid-related distortions. The wage numbers are flattered by comparisons to last year when furlough schemes depressed wages and hours worked. That will offset wage rises for those lucky enough to get them. But it will see lower living standards for the many who won't: 5. Higher wages have understandably been welcomed by the government, but there is less evidence of the higher skills that it is hoped will accompany them.
And the high number of vacancies suggest that there is now a mismatch between the jobs people want and the ones that are available. Like other sectors, the construction industry is struggling to fill vacancies at the moment. Katy Jordan runs Storey homes, a small house-building company in Bedfordshire. She's having trouble recruiting for certain roles such as site managers, and is having to pay staff more to keep them.
What we're finding is that it's difficult to employ people on a permanent basis because it's easy for our site staff to have their heads turned by more money elsewhere. Katy is having to raise wages to attract people to the company, and keep the people she already has, but she says that's not addressing a shortage of skills and experience in the industry. We want people to be attracted to the construction industry.
But we're not attracting people with the right skills at the moment," she says. The record level of vacancies and hiring rates in September "bode well for the million workers coming off furlough in October", the Resolution Foundation think tank said, and should "help limit any increases in unemployment".
The furlough scheme, which saw the government pay towards wages during the Covid pandemic, ended at the end of September with nearly one million workers expected to have been on it.
However, a wave of potential job cuts has not happened , early data has suggested. However, the ONS stressed again this figure has been affected by the impact on lower paid jobs during the pandemic and also by comparisons with last year when more workers were on furlough.
The number of people unemployed in the June-to-August period fell by , to 1. Calendar Forecast Indicators News. More Indicators. National Statistics World Bank. We have a plan for your needs. Standard users can export data in a easy to use web interface or using an excel add-in.
API users can feed a custom application. White label accounts can distribute our data. We Are Hiring. Trading Economics welcomes candidates from around the world. Current job openings:. Unemployment Rate. Unemployed Persons. Employed Persons. Part Time Employment. Print this Statistical bulletin. Download as PDF. Labour market overview. Employment in the UK. Average weekly earnings in Great Britain. In May to July , there were an estimated , job vacancies, a record high, having grown by Strong quarterly growth was reflected across a number of industries, with 10 of the 18 industry sections reaching or equalling record levels of vacancies in May to July The number of job vacancies in May to July was All business size bands showed higher vacancy numbers on the quarter, and all size bands have now surpassed their pre-pandemic level.
In May to July , the estimated number of vacancies reached its highest level since records began in , with all industries growing on the quarter. In the same period there were 3. The headline vacancy estimates are based on three-month averages that naturally involve some time lag. Insights into trends in July are provided by two experimental sources, single-month vacancy estimates see Strengths and limitations , in Dataset X06 , and Adzuna online job advert estimates.
Growth in the latest quarter has been seen in these experimental datasets and both continue to surpass their pre-coronavirus COVID pandemic levels in July , with the single-month vacancy estimates exceeding 1,, for the first time.
Figure 2: Arts, entertainment and recreation saw the strongest quarterly growth in vacancies; other industries affected by easing of restrictions also saw strong growth May to July three-month average vacancies in the UK, quarterly percentage growth and percentage growth from pre-pandemic January to March Source: Office for National Statistics — Vacancy Survey Download this chart Figure 2: Arts, entertainment and recreation saw the strongest quarterly growth in vacancies; other industries affected by easing of restrictions also saw strong growth Image.
Quarterly growth was seen across all industries. The fastest rate of growth was seen in arts, entertainment and recreation, which grew by The largest increase in levels was seen in accommodation and food service activities, which grew by 73, Both industries are likely to have seen demand for labour increase, as coronavirus restrictions eased through the spring into the summer.
In 10 of the 18 industries, the number of vacancies equalled or reached record-high levels in May to July Job vacancies in May to July continued to surpass their pre-pandemic January to March level, with vacancies The rate of recovery has continued to vary, though now only one industry wholesale and retail trade and repair of motor vehicles remains below its January to March level.
The 4. However, this subsector has seen strong growth recently, with 26, vacancies being added over the last quarter, reaching a level of 75, in May to July Accommodation and food service activities is the industry that has surpassed its pre-pandemic peak by the largest margin, now 33, Human health and social work has also seen strong growth since the onset of the pandemic, with the May to July level surpassing the pre-pandemic peak by 26, Figure 3: Businesses in the largest size band are now seeing vacancy levels above their pre-pandemic peak for the first time.
May to July three-month average vacancies in the UK, quarterly growth and growth from a pre-pandemic January to March Source: Source: Office for National Statistics — Vacancy Survey Download this chart Figure 3: Businesses in the largest size band are now seeing vacancy levels above their pre-pandemic peak for the first time.
In May to July , all size bands saw strong growth on the quarter. Businesses with 2, or more employees saw their vacancies surpass their pre-pandemic level for the first time, with all size bands now reaching this milestone. Our estimated number of workforce jobs is for March next updated September , and shows a fall of 1.
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