Economy pick-up sees jobs 'revival'

Romsey Advertiser: The UK has seen a 'clear shift' in the jobs market over the last six months, a study suggests The UK has seen a 'clear shift' in the jobs market over the last six months, a study suggests

Competition for jobs has fallen this year amid an increase in vacancies, although a North-South divide persists, according to a new report.

Jobs website Adzuna.co.uk said it was 200 times more difficult to find work in Salford than in Cambridge or Aberdeen.

The study showed there were more than 760,000 advertised job vacancies last month, an increase of 13% on a year ago.

Cambridge and Aberdeen were the best cities in the UK to find a job this year, while eight of the worst places were in the North, including Salford, Rochdale and Hull, said Adzuna.

Andrew Hunter, co-founder of Adzuna, said: "In the last six months we have witnessed a clear shift in the UK jobs market. Economic uncertainty at the start of 2013 put many employers off hiring, as Britain lost its AAA rating and many feared the prospect of a triple-dip recession.

"But Britain's best summer since 2006 shone light on the UK economy, lifting consumer spending and ushering in a renewed sense of economic confidence. The resulting jobs revival is still filtering through now. Vacancies are growing, competition for jobs is easing, and unemployment is falling across the country.

"If job vacancies and unemployment trends continue at the current rate, we may find that Mark Carney brings forward an interest rate rise as early as September 2014."

Mr Hunter added that the UK jobs market was becoming a "tale of two halves", with significantly more vacancies in the South.

Average advertised salaries fell by 2.4% over the past year, to £32,651, said the report.

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