New jobs ahead of last year’s levels in the UK

Date: Wednesday 01 Feb 2012

UK job openings and salaries were higher in January than in the same month of last year, according to the monthly survey carried out by recruitment internet site Reed.

Overall, employer demand for new staff increased by 2 index points in January, compared with 121 in December, while job openings stood 9% higher than a year ago.

Thus, a fall in demand for staff in various sectors ranging from energy to banking was compensated by greater demand coming out of marketing & PR, estate agency, retail, sales, security, charity and media.

Consumer-facing sectors are said to have seen the largest falls, with hospitality & catering jobs dropping by 33 index points compared to the previous month.

For Martin Warnes, Managing Director of reed.co.uk, “The first Reed Job Index of 2012 shows a jobs market that has grown 1% on December and 9% on the previous year with the majority of sectors showing growth on 2011. However, the Reed Jobs Index score of 123 is below the high point of November and the recovery in the jobs market continues to be a slow one.

"Nevertheless, year-on-year growth in new jobs of 9% for January is encouraging and underlines the determination of UK businesses to ride out the economic storm."

AB

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