Member Article

Adzuna comment on the latest jobs market figures

The Government will be singing about the significant real wage growth the latest ONS figures display. The coming together of favourable economic conditions, in particular low inflation, has allowed the year-on-year numbers to really pick up. The labour market has undoubtedly kicked up a gear compared to twelve months ago, and our latest Jobs Report showed that competition for work is falling and most areas of Britain are seeing significant improvements this quarter.

Northern England continues to be the most competitive for British jobseekers, but we are at last seeing advertised salary improvements this month and employers lifting the lid on wages in a number of sectors. Qualified, in-demand construction and manufacturing professionals are seeing their salaries rocket, but on the flip slide, public sector, retail and hospitality staff aren’t seeing any clear growth in real wages.

The data shows that the job market recovery is still theoretical rather than tangible for many.

This was posted in Bdaily's Members' News section by Andrew Hunter .