Job market sees boost in June
Written by Jennifer Ward on July 3, 2011 – 1:07 pmJob opportunities across the country in June increased on the previous month, a study finds.
June’s Job Index from recruitment consultancy Reed stands at 125, 4 index points (3 per cent) up from May, marking a return back up to April’s level of new job vacancies.
However, salaries for new jobs have stayed flat, and are 2 per cent lower than in December 2009 for the second month running, with the Reed Salary Index standing at 98.
Key job sectors in both professional services and traditional industrial areas have reached their highest levels of demand for new staff since the Index began.
Demand is up for both pre-qualified accountants (at 136), fully-qualified accountants (at 130), and manufacturing staff (at 155), while demand for general insurance (at 148) and engineering staff (at 181) has reached their highest since the first Index.
Year-on-year employer demand is back up 22 points compared to June last year, and is 25 per cent above the level of December 2009 when the Index’s baseline was set at 100, according to the report.
Regionally, the East Midlands and East Anglia have shown the biggest jobs growth this month, while demand in London and the South East has recovered from their dip down in May, which has helped boost the Index as a whole.
Reed.co.uk managing director Martin Warnes says, ‘Demand for skilled, highly-qualified staff has fuelled this month’s increase. In spite of residual concerns over the economy, opportunities for jobseekers are growing again as employers look for the talent they need to support their ambitions for the future.’
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