BUSINESSES PUSH FORWARD WITH HIRING EFFORTS AHEAD OF BREXIT DEADLINE
Posted on 10th February 2020 - INDUSTRY NEWS
According to the latest data from the UK's leading independent job board, CV-Library, the UK job market boomed in the first month of 2020, with job numbers and applications both rising year-on-year.
The study, which explores job market data from January 2020 and compares this with findings from the same period in 2019, reveals that businesses have regained their confidence in the UK economy, as job numbers grew by 2.8% year-on-year. What's more, key industries witnessed above-average growth, including:
1. Social Care(up 25.1%)
2. IT (up 19.9%)
3. Legal (up 19.7%)
4. Design (up 13.4%)
5. Telecoms (up 12.6%)
What's more, the data reveals that professionals responded well to this increase in confidence, as applications also rose by 5.7% year-on-year. Indeed, the industries which saw the highest growth in applications include IT (up 40.5%), Legal (up 30.8%) and Design (up 16.4%).
Lee Biggins, CEO and founder of CV-Library comments: "Our data clearly shows that the looming Brexit deadline didn't slow businesses (or candidates) down during January. While it's typically a busy month for hiring, the significant year-on-year growth of both job vacancies and applications suggests that the UK job market is in a very healthy position. As such, it's imperative that organisations continue to make the most of this increased talent pool; and double down on their hiring efforts throughout the rest of 2020."
Interestingly, the data also went on to reveal that salaries rose in key industries across the UK, including in the property (up 9.8%), legal (up 8.5%), retail (up 8.4%), electronics (up 6.1%) and engineering (up 5.3%) sectors.
For more information on CV Library visit cv-library.co.uk/about. To view the latest Netbox Reecruitment opportunties on CV Library visit cv-library.co.uk/list-jobs/283066/Netbox-Recruitment.
ARE YOU READY TO BOOST YOUR HIRING EFFORTS?
Our team of Recruitment Business Partners are experts in securing the best possible candidates for their clients by providing a truly in-depth approach. This is also backed up by our 'Talent Guarantee'. Get in touch today for more information.