Job vacancies and salaries 'rise'

The number of vacancies jumped by a fifth to almost 840,000 in the past year, a study showed

The number of vacancies jumped by a fifth to almost 840,000 in the past year, a study showed

First published in National News © by

Job vacancies are increasing and advertised salaries growing amid fresh evidence of a recovering labour market, according to a new report.

Jobs site Adzuna said advertised pay rates increased by 1.7% between May and June, more than double the rate between April and May, with graduate jobs seeing the biggest rise.

The number of vacancies jumped by a fifth to almost 840,000 in the past year, the study found.

Andrew Hunter, of Adzuna, said: "Greater economic certainty is finally filtering through into a pick-up in salaries.

"Employers are boosting wages as top talent becomes harder to source, hoping that by supplementing salaries they will attract the best staff.

"At the same time, the pace of job creation is pulling ahead of the number of workers looking to change jobs. Competition for jobs is falling as a result.

"The post-recession era of tough rivalry between job hunters is drawing to a close, as the power switches into the hands of those looking to move, rather than those looking to hire."

The biggest increases in wages last month were in Wales and south-west England, while they fell in London and the East Midlands, added the report.

Comments (2)

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12:44pm Mon 28 Jul 14

Katie Re-Registered says...

"Andrew Hunter, of Adzuna, said: "Greater economic certainty is finally filtering through into a pick-up in salaries."

Maybe in yours, mate. Congratulations:)!
"Andrew Hunter, of Adzuna, said: "Greater economic certainty is finally filtering through into a pick-up in salaries." Maybe in yours, mate. Congratulations:)! Katie Re-Registered
  • Score: 0

2:45pm Mon 28 Jul 14

welshmen says...

The Welsh money filtering must be Blocked, no change here....
The Welsh money filtering must be Blocked, no change here.... welshmen
  • Score: 0
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