UK Job Market Report! September 2015!!
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- Noah Briggs
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1 UK Jb Market Reprt September 20
2 UK Jb Market Reprt September 20 Adver&sed salaries slump, prmp&ng jb hunters t stay put Table 1: Adzuna Jb Vacancy Index Vacancy Index UK Vacancies Mnthly Change 6M Change 12M Change (June 2012=100) Vacancy Index ( ) 1,0, %.9% 27.1% Vacancy Index (Jul ) 1,128, % 18.4% 29.3% Table 2: Adzuna Average Salary Index UK Average Salary Mnthly Change 6M Change 12M Change Salary Index (June 2012=100) Salary Index ( ) 33, % - 3.8% - 3.3% 97.3 Salary Index (Jul ) 33, % - 3.1% - 1.1% 97.8 Key pints: The number f advertised vacancies in the UK increased 27.1% year-n-year in ust 20, rising t 1,0,396 Advertised pay levels natinwide cntinued t drp, declining 3.3% since ust 20, t 33,318 in ust this year Cmpetitin fr available rles drpped t a new pst-recessin lw, with 0.62 jbseekers per advertised vacancy arund the cuntry. 2
3 Overview The Adzuna Jb Index this mnth shws 1,0,396 rles being advertised acrss the UK, a 27.1% increase n the natinal vacancy cunt last year. Cmpetitin fr jbs fell again in ust 20, reaching yet anther recrd lw f 0.62 jbseekers t every advertised rle in the UK. Cntinued salary slide Despite increasing psitivity in pay rates fr thse in emplyment, frtunes cntinued t decline fr thse seeking new rles. Annual advertised salary drps were evident acrss all twelve regins f the UK in ust 20, as stagnating salaries were exacerbated by seasnal declines. Yrkshire & The Humber, previusly the regin seeing strngest grwth, slid int the red with negative salary mvement cmpared t the same time last year, while the wrst dwnwards slide fr pay ccurred in Lndn (-5.3%) and Sctland (-5.2%). Where are all the jbs? With Cambridge still firmly established as the least cmpetitive spt in the UK fr jbseekers, ffering mre than 10 advertised vacancies t every claimant, frtunes cntinue t sar fr thse seeking wrk in and arund the university city. Guildfrd and Oxfrd als maintained their strng psitins in the tp 3 best places fr jb hunters. On the ther side f the cin, Sunderland cntinues t be the tughest place in the UK, with 4.24 claimants t every advertised vacancy, making it almst 50 times as difficult t secure a new psitin in Sunderland as in Cambridge. Middlesbrugh als entered the five tughest places t find wrk this mnth, with 2.33 jbseekers t every available vacancy in the city Sectr salaries The energy, il and gas sectr remains the wrst perfrmer fr average advertised salary grwth, with pay in the sectr drpping 11.9% in ust 20, cmpared t the same time last year. Custmer Service rles, having previusly tpped the charts fr salary grwth, drpped ut f the tp five fr the first time in several mnths, with an average increase f 1.3%, equalling half the gains seen in HR salaries in ust 20. The HR sectr saw significant imprvement as advertised pay grew 3.1% year-n-year in ust 20, as the sectr attains the secnd fastest pay rate grwth in the UK, highlighting strng emplyer investment in the well-being and retentin f their existing wrkfrces, rather than recruitment f new talent. 3
4 Chart 1: UK Advertised Vacancy Trends Vacancies 1,400,000 1,200,000 1,000, , , , ,000 Mnth - Sep Oct Nv Dec Jan Feb Mar Apr May Jun Jul 5.5% 4.5% 3.5% 2.5% 1.5% 0.5% -0.5% -1.5% -2.5% -3.5% % Change Ttal Vacancies % Change MOM Vacancies Chart 2: UK Advertised Salary Trends Average Salary (per annum) 35,000 34,500 34,000 33,500 33,000 32,500 Sep Oct Nv Dec Jan Feb Mnth Mar Apr May Jun Jul 2.0% 1.5% 1.0% 0.5% 0.0% -0.5% -1.0% -1.5% % Change Average Salary % Change MOM Salaries Jbseekers per Vacancy Chart 3: 6 mnth change in Jbseekers per Vacancy Mar Apr May Jun Jul Mnth 4
5 Best and wrst cities t find a jb ust 20 Wrst cities t find a jb Rank City Jbseekers per vacancy 1 Sunderland Hull Bradfrd Belfast Middlesbrugh Wlverhamptn Rchdale Wirral Swansea Salfrd Best cities t find a jb Rank City Jbseekers per vacancy 1 Cambridge Guildfrd Oxfrd Reading 0. 5 Winchester Exeter Manchester Bristl Suthamptn Crawley 0.31 Cambridge, Guildfrd and Oxfrd remained the best three cities in the UK t seek wrk, all basting mre than 7 vacancies t every jbseeker Middlesbrugh entered the five tughest places t find wrk this mnth, with 2.33 jbseekers t every available vacancy in the city Jbseekers in Cambridge, the best lcatin fr jbseekers, may find it 50 times easier t secure a new rle as thse in Sunderland, the tughest city t find wrk * Methdlgy fr calculapng jbseeker cmpeppn cmpares jbseeker cunt idenpfied in the ONS Claimant Cunt released in September 20, with mnthly adverpsed vacancy numbers n Adzuna.c.uk in ust 20. 5
6 Reginal Wage Breakdwn Regin Ttal Vacancies Average Salary Salary % 12 Mnth Change Eastern England 100,585 31, % East Midlands 63,331 29, % Lndn 247,529 40, % Nrth East England 29,971 29, % Nrth West England 101,803 30, % Nrthern Ireland 8,8 29, % Sctland 37,840 31,6-5.2% Suth East England 189,883 31, % Suth West England 87,063 30, % Wales 18,970 29, % West Midlands 87,968 30, % Yrkshire and The Humber 57,423 30, % Annual salary drps were evident acrss all twelve regins f the UK in ust 20, as stagnating salaries were exacerbated by seasnal declines Yrkshire & The Humber, previusly the regin seeing strngest grwth, slid int the red with negative salary mvement cmpared t the same time last year UK jb sectr breakdwn Biggest Imprvers - Jb sectr by average salary Salary % 12 Mnth Jb Sectr Average salary Change Ttal Vacancies Travel Jbs 24, % 13,924 HR Jbs 30, % 34,4 Trade & Cnstructin Jbs 38,9 2.7% 58,621 Scientific & QA Jbs 38, % 11,242 IT Jbs 46, % 106,196 Wrst Decliners - Jb sectr by average salary Salary % 12 Mnth Jb Sectr Average salary Change Ttal Vacancies Energy, Oil & Gas Jbs 40, % 5,207 Healthcare & Nursing Jbs 34, % 127,374 Admin Jbs 22, % 49,229 Legal Jbs 42, % 26,310 Sales Jbs 30, % 61,160 Energy, il and gas rles remain the wrst perfrmers fr average advertised salary grwth, with pay in the sectr drpping 11.9% in ust 20, cmpared t last year Custmer Service rles, having previusly tpped the charts fr salary grwth, drpped ut f the tp five fr the first time in several mnths The HR sectr saw significant imprvement as advertised pay grew 3.1% year n year in ust 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 6 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 500 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 20 Labur Market Statistics released in ust 20 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 ust 20. The full Jbseeker s Allwance claimant cunt statistics are available fr dwnlad here: 7
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