Adzuna Job Market Report!! March 2016!
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1 Adzuna Jb Market Reprt March 2016
2 UK Jb Market Reprt March ,000 fewer vacancies adver1sed in ruary 2016 than Nvember 20 Table 1: Adzuna Jb Vacancy Index Vacancy Index UK Vacancies Mnthly Change 6M Change 12M Change (June 2012=100) Vacancy Index ( 16) 1,116, % - 3.0% 12.5% Vacancy Index (Jan 16) 1,079, % - 4.3% 13.3% 6.8 Table 2: Adzuna Average Salary Index UK Average Salary Mnthly Change 6M Change 12M Change Salary Index (June 2012=100) Salary Index ( 16) 33, % 1.4% - 2.4% 98.7 Salary Index (Jan 16) 33, % 0.3% - 2.9% 98.1 Key pints: After a big drp in January, the ttal number f UK vacancies recvered slightly in ruary, hwever it remains 128,572 lwer than the recruitment peak just 4 mnths ag in Nvember 20. ruary s seasnal imprvement was belw that in the last 2 years. Year-n-year vacancy grwth hit its lwest pint since December 2013, In the last few mnths, annual vacancy grwth has drpped frm 30% t just 12%, marking a dwnward trend in recruitment acrss the UK. The number f advertised vacancies in the UK drpped ver the 6 mnths t ruary 2016, falling 3.0% t 1,116,202 advertised vacancies since September 20. Average advertised salaries remain lwer than 20 levels, with average pay dwn 2.4% year-n-year in ruary
3 Overview The Adzuna Jb Index this mnth shws 1,116,202 rles being advertised acrss the UK, 3.0% dwn n the number f vacancies available in September 20. Year-n-year vacancy grwth als shws signs f a slwdwn, as grwth rates hit their lwest ebb since December After a strng hiring market in Q4 20, the number f available rles this mnth fell 128,572 shrt f the recruitment peak seen just 4 mnths ag in Nvember. Cmpetitin fr jbs decreased marginally, drpping t 0.59 jbseekers per vacancy frm last mnth s high f 0.61 claimants per advertised rle, but still remains higher than expected, based n 20 trends. Advertised salaries cntinue t fall year-n-year Despite sme small imprvements in advertised pay in recent mnths, Britain s emplyers remain reticent t return advertised salaries t 20 levels, with published pay grades dwn 2.4% this mnth, cmpared t ruary 20. Hiring plans n hld as emplyers await results f Brexit debate Dug Mnr, c-funder f Adzuna, cmments: In recent mnths cntinued debate abut a ptential Brexit seems t have given emplyers pause fr thught n hiring plans, in sme cases causing delay r cancellatin f recruitment. It is clear sme majr challenges lie ahead. And a ptential Brexit isn t the nly future hurdle a much mre immediate change is n the hrizn. Next mnth s natinal living wage is set t redefine the UK s jb landscape, particularly fr lw paid wrkers. It culd be a real turning pint and a lng deserved bst in the battle against rising living csts. But fr emplyers, the natinal living wage equals a higher wage bill at the same time that cmpulsry wrkplace pensins are als rlling ut. Sme cmpanies may nt find it easy t adapt t these new initiaives. Where are all the jbs? Cmpared t six mnths ag, eight ut f ten regins in the UK saw falls in advertised vacancies in ruary 2016, with rles in the Suth East falling 8.8%, thse in the Suth West falling 7.2% and the East falling 5.1% since September 20. Only in Lndn, Wales and Yrkshire did vacancy cunt increase cmpared t six mnths ag. Advertised salaries fell in all but ne UK regin. Sctland, still suffering frm the aftereffects f the Scttish Referendum, saw the steepest declines, drpping 4.6% cmpared with last year, fllwed by Lndn and the Nrth East with average salaries dwn 3.5%. 3
4 Vacancies Chart 1 6M UK Advertised Vacancy Trends 1,400,000 1,200,000 1,000, , , , ,000 Mnth - Mar Apr May Jun Jul Aug Sep Oct Nv Dec Jan %.0% 10.0% 5.0% 0.0% -5.0% % Change Ttal Vacancies % Change 6M Vacancies Chart 2: 6M UK Advertised Salary Trends Average Salary (per annum) 35,000 34,500 34,000 33,500 33,000 32,500 32,000 Mar Apr May Jun Jul Aug Mnth Sep Oct Nv Dec Jan % 1.0% 0.0% -1.0% -2.0% -3.0% -4.0% -5.0% % Change Average Salary % Change 6M Salaries Jbseekers per Vacancy Chart 3: 6 mnth change in Jbseekers per Vacancy Sep Oct Nv Dec Jan Mnth 4
5 Best and wrst cities t find a jb March 2016 Wrst cities t find a jb Rank Best cities t find a jb Jbseekers per vacancy Rank City 1 Sunderland Hull Middlesbrugh Belfast Bradfrd Wlverhamptn Rchdale Swansea Salfrd Plymuth 1.34 Jbseekers per vacancy City 1 Cambridge Guildfrd Oxfrd Reading Exeter Winchester Bristl Manchester Swindn Miltn Keynes 0.27 Cambridge remained at the tp f the table fr best places in the UK fr thse seeking wrk, with mre that 10 advertised vacancies t every jbseeker in the city Seven f the ten best cities fr jbseekers t find wrk basted mre than 4 available vacancies t every jbseeker Despite a salary turnarund in Nrthern Ireland, Belfast jined the tp 5 mst cmpetitive cities fr jbseekers this mnth Sunderland, Hull and Middlesbrugh remained the tughest cities t find wrk, with mre than 3 jbseekers per advertised vacancy. * Methdlgy fr calculapng jbseeker cmpeppn cmpares jbseeker cunt idenpfied in the ONS Claimant Cunt released in March 2016, with mnthly adverpsed vacancy numbers n Adzuna.c.uk in ruary
6 Reginal Wage Breakdwn Regin Ttal Vacancies Average Salary Salary % 12 Mnth Change Eastern England 95,465 31, % East Midlands 60,978 30, % Lndn 248,620 40, % Nrth East England 28,892 29, % Nrth West England 99,516 30, % Nrthern Ireland 7,789 30, % Sctland 37,840 31, % Suth East England 173,203 32, % Suth West England 80,812 30, % Wales 19,960 30, % West Midlands 83,872 31, % Yrkshire and The Humber 57,981 30, % Many areas f the UK saw falls in advertised vacancies in ruary 2016, with rles in the Suth East falling 8.8%, thse in the Suth West falling 7.2% and the East falling 5.1% since September 20 Average advertised salaries cntinued t fall year-n-year in 11 f the 12 regins f the UK, with Nrthern Ireland seeing the nly imprvement in advertised salaries cmpared with 20 Sctland, still suffering frm the after effects f the Scttish Referendum, saw the steepest declines, drpping 4.6% cmpared with last year, fllwed by the Nrth East with average salaries 3.5% and Lndn, where salaries fell 3.3%. UK jb sectr breakdwn Biggest Imprvers - Jb sectr by average salary Wrst Decliners - Jb sectr by average salary Salary % 12 Mnth Change Ttal Vacancies Jb Sectr Average salary Dmestic help & Cleaning Jbs 25, % 6,168 Custmer Services Jbs 24, % 31,7 Lgistics & Warehuse Jbs 33, % 36,020 Cnsultancy Jbs 47, % 12,2 Prperty Jbs 32, % 11,589 Salary % 12 Mnth Change Ttal Vacancies Jb Sectr Average salary Energy, Oil & Gas Jbs 37, % 3,497 Legal Jbs 39, % 22,822 Healthcare & Nursing Jbs 35, % 131,881 Graduate Jbs 24, % 13,888 Scial Wrk Jbs 31, % 23,789 Energy, Oil and Gas jbs, cntinued t see significant declines in sectr pay, as advertised salaries fell.5%, dipping t a recrd lw f 37,543 Graduate rles ranked as the furth wrst declining sectr, as new starter salaries fell 6.1% cmpared with 20 6
7 Press cntacts Tra Turtn, Instinctif Partners Reprt authr Becky Harkins, Adzuna Abut Adzuna Adzuna.c.uk is a search engine fr jb ads used by ver 9 millin visitrs per mnth that aims t list every jb, everywhere. We search thusands f websites s ur users dn't have t, bringing tgether millins f ads in ne place. By prviding smarter search ptins and pwerful data abut the jb market, we give jbseekers the infrmatin they need t take cntrl f their careers. Adzuna s data als pwers the Number 10 Dashbard, used by the Prime Minister and senir fficials t keep track f ecnmic grwth n a daily basis. Adzuna.c.uk was funded in 2011 by Andrew Hunter and Dug Mnr, frmerly f ebay, Gumtree, Qype and Zpla and is backed by leading Venture Capital firms Passin Capital, The Acceleratr Grup and Index Ventures. Adzuna s missin is t be the best place t start lking fr a jb. We lve using the awesme pwer f technlgy t help match peple t better, mre fulfilling jbs and keep Britain wrking. Abut the Adzuna Jb Market Reprt Adzuna has the mst cmplete index f UK jb vacancies cvering all regins in the UK. The technlgy cllects every jb vacancy advertised nline in the UK frm ver 1000 surces. This data is then nrmalised, de-duplicated, mix-adjusted and utliers are remved in real time t give users an accurate, cmplete, up t the minute view f the jb market. Claimant cunt data is based n the latest Labur Market Statistics released in March 2016 by the ONS. The city areas referred t in this study are the tp 50 cities in the UK, ranked by cmparing the jb vacancies in Adzuna s cmprehensive search index f ver 1,000,000 live jbs t the number f claimants in each city frm the latest ONS data released in March The full Jbseeker s Allwance claimant cunt statistics are available fr dwnlad here: 7
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