{"id":1033,"date":"2021-04-13T22:18:11","date_gmt":"2021-04-13T21:18:11","guid":{"rendered":"https:\/\/devwebsitepro.com\/newmillennia\/?p=1033"},"modified":"2024-04-11T10:47:36","modified_gmt":"2024-04-11T09:47:36","slug":"18-stats-on-the-current-state-of-the-job-market","status":"publish","type":"post","link":"https:\/\/www.newmillennia.co.uk\/blog\/18-stats-on-the-current-state-of-the-job-market\/","title":{"rendered":"18 Stats on the Current State of the Job Market"},"content":{"rendered":"

There is no doubt that there\u2019s still a lot of uncertainty in the marketplace, however we\u2019re constantly being told that there are signs of hope.<\/p>\n

To help you understand the current state of the job market, we\u2019ve gathered a number of the latest recruitment statistics:<\/p>\n

1) There are just under 1.3 million active job vacancies right now in the UK.<\/b><\/p>\n

If we compare this to our stats from last summer<\/a>, we can see that\u2019s an extra 300,000 vacancies.<\/p>\n

2) 68,000 more people were in payrolled employment from February 2021, compared to January 2021.<\/b><\/p>\n

The ONS also highlighted that this is the third consecutive monthly increase in employees on a payroll, signalling more optimism in the marketplace.<\/p>\n

However it\u2019s worth bearing in mind that this is still 693,000 less than February 2020.<\/p>\n

3) The UK unemployment rate currently stands at 5%.<\/b><\/p>\n

This is not as high as initially predicted, with some estimates last year<\/a> suggesting it could reach as high as 12%.<\/p>\n

4) More than half of employers reported that they expected to hire in the first quarter of 2021.<\/b><\/p>\n

Unsurprisingly, healthcare as an industry is thought to have driven this high statistic reported by the CIPD Labour Market Outlook<\/a>.<\/p>\n

5) E-commerce personnel\u00a0is one of the fastest growing job sectors right now in the UK.<\/b><\/p>\n

The report published by LinkedIn, showed that roles such as driver, supply chain associate and warehouse team lead were growing in popularity.<\/p>\n

Hiring hotspots identified were Birmingham, Leicester, Northampton and Manchester<\/a>.<\/p>\n

6) Construction professionals are in high demand right now.<\/b><\/p>\n

LinkedIn also reported that they were seeing an increase in demand for construction professionals such as construction site managers.<\/p>\n

7) Under 25s have been hardest hit by the employment drop.<\/b><\/p>\n

8) Interest in bar staff positions has grown by 98%.<\/b><\/p>\n

As pubs and bars reopen many are seeking employment, according to Indeed.<\/p>\n

Front of house and waitressing positions were also highly searched for on the site between the 26th February and 12th March.<\/p>\n

9) There are 1.3 million less people working in leisure and hospitality than prior to the pandemic.<\/b><\/p>\n

The unemployment rate for those working in the sector stands at 16.7%, up from 5% in December 2019.<\/p>\n

10) The average amount people earn has increased by 4.2%<\/b><\/p>\n

11) 2.7 million people are currently claiming Jobseeker\u2019s Allowance or Universal Credit because they are \u201csearching for work\u201d.<\/b><\/p>\n

This is a huge increase when you compare it to the 1.4 million from the prior year, before the pandemic began to take effect.<\/p>\n

12) East and West Dunbartonshire saw the highest increase in job adverts in March 2021.<\/b><\/p>\n

This is compared to the Isle of Wight which saw the steepest fall in new job advertisements.<\/p>\n

13) 16.3% of job adverts in March 2021 were for temporary roles.<\/b><\/p>\n

When we take a look at the previous recordings we can see this has grown:<\/p>\n

15.1% – Early July 2020<\/p>\n

14% – Mid March 2020<\/p>\n

14) Veterinary nurses, bricklayers and therapy professionals are in high demand!<\/b><\/p>\n

15) 39% of companies said filtering a high volume of under-qualified candidates was their biggest hiring pain point in 2020.<\/b><\/p>\n

16) 50% of employers have never discussed how they could improve the diversity of candidates they consider hiring.<\/b><\/p>\n

Yet many are looking at how tools and technology can help combat bias in hiring<\/a>.<\/p>\n

17) 53% of employees feel they have to be available at all times since working from home.<\/b><\/p>\n

30% said they felt they now worked more hours than previously, as the line between work and home life continues to blur.<\/p>\n

However\u2026<\/p>\n

18) 56% of employees reported an increase in their happiness levels since working from home.<\/b><\/p>\n

Findings suggested that they appreciated the opportunity to \u2018live in a different way\u2019.<\/p>\n

Sources:<\/p>\n

    \n
  1. https:\/\/www.rec.uk.com\/our-view\/research\/recruitment-insights\/jobs-recovery-tracker<\/li>\n
  2. https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/uklabourmarket\/march2021<\/li>\n
  3. https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/uklabourmarket\/march2021<\/li>\n
  4. https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peopleinwork\/employmentandemployeetypes\/bulletins\/uklabourmarket\/march2021<\/li>\n
  5. https:\/\/www.cnbc.com\/2021\/01\/21\/linkedin-says-these-are-the-fastest-growing-job-sectors-in-the-uk.html<\/li>\n
  6. https:\/\/www.cnbc.com\/2021\/01\/21\/linkedin-says-these-are-the-fastest-growing-job-sectors-in-the-uk.html<\/li>\n
  7. https:\/\/www.apsco.org\/article\/under-25s-hit-hardest-by-employment-drop-but-employers-will-fe-4522.aspx<\/li>\n
  8. https:\/\/www.thisismoney.co.uk\/money\/news\/article-9422615\/Job-listings-rise-highest-level-year-says.html<\/li>\n
  9. https:\/\/www.aarp.org\/work\/job-search\/info-2020\/job-losses-during-covid.html<\/li>\n
  10. https:\/\/www.bbc.co.uk\/news\/business-52660591<\/li>\n
  11. https:\/\/www.bbc.co.uk\/news\/business-52660591<\/li>\n
  12. https:\/\/www.rec.uk.com\/our-view\/news\/press-releases\/jobs-recovery-tracker-increase-new-job-adverts-covid-restrictions-start-lift<\/li>\n
  13. https:\/\/www.rec.uk.com\/our-view\/news\/press-releases\/jobs-recovery-tracker-increase-new-job-adverts-covid-restrictions-start-lift<\/li>\n
  14. https:\/\/www.rec.uk.com\/our-view\/news\/press-releases\/jobs-recovery-tracker-increase-new-job-adverts-covid-restrictions-start-lift<\/li>\n
  15. https:\/\/toggl.com\/blog\/recruitment-industry-trends-2021<\/li>\n
  16. https:\/\/www.rec.uk.com\/our-view\/news\/press-releases\/jobsoutlook-employer-hiring-confidence-rises-even-lockdown<\/li>\n
  17. https:\/\/news.microsoft.com\/en-gb\/2021\/02\/15\/research-reveals-how-we-really-feel-about-working-from-home\/<\/li>\n
  18. https:\/\/news.microsoft.com\/en-gb\/2021\/02\/15\/research-reveals-how-we-really-feel-about-working-from-home\/<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    There is no doubt that there\u2019s still a lot of uncertainty in the marketplace, however we\u2019re constantly being told that there are signs of hope. To help you understand the current state of the job market, we\u2019ve gathered a number of the latest recruitment statistics: 1) There are just under 1.3 million active job vacancies …<\/p>\n","protected":false},"author":17,"featured_media":1039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[68],"class_list":["post-1033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recruitment-industry-news","tag-recruitment-industry-statistics"],"acf":[],"yoast_head":"\n18 Stats on the Current State of the Job Market - New Millennia<\/title>\n<meta name=\"description\" content=\"There is still uncertainty in the marketplace and to help you understand the current state of the market, we\u2019ve got the latest statistics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newmillennia.co.uk\/blog\/18-stats-on-the-current-state-of-the-job-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"18 Stats on the Current State of the Job Market - 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