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2016 Job Market off to Flying Start as Jobs Increase by 15.8%

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January has set the stage for the UK’s job market in 2016, and all signs point to a thriving and prosperous economy which bodes well for businesses and workers alike. The latest data from the UK’s largest job site, CV-Library, reveals that job vacancies in January 2016 increased by an impressive 15.8% when compared with January 2015.

The job site reported a record-breaking January with over 144,600 jobs on the site at any given time, up to 220 job applications per second and over 364,500 site visits in one day alone. These records, coupled with latest data revealing strong job growth, paints a rosy picture for the UK job market.  As employers increase recruitment in January, their efforts are complemented with growing candidate interest as job applications to vacancies on the site increased by 16.7% in the same period; making January one of the only months in over a year in which applications not only maintained pace with, but actually exceeded, job growth.

While this is good news for the nation as a whole, key cities and sectors celebrated standout job growth in January 2016 when compared with the same month in 2015, the top five include:

Cities

  1. Liverpool: 38.1% growth
  2. Cardiff: 25.2% growth
  3. Edinburgh: 20.3% growth
  4. Hull: 18.9% growth
  5. Birmingham: 17.4% growth

Sectors

  1. Social Care: 44.6% growth
  2. Education: 34.6% growth 
  3. Legal: 27.4% growth
  4. Construction: 23.3% growth
  5. Automotive: 20.1% growth

Lee Biggins, founder and managing director of CV-Library comments:

“Despite the UK economy operating in a state of uncertainty – from challenges in the manufacturing industry to a looming EU referendum – the labour market is continuing to flourish. January is always a busy month for the recruitment industry as employers and candidates look to the year ahead.

“In the final months of 2015 we saw a growing trend of ‘Candidate Power,’ in which application rates failed to maintain pace with job growth, so the data from January is extremely promising for UK businesses which now have increasing candidate choice during the hiring process.”

In addition, job hunters will be pleased to learn that advertised salaries on the site also increased in the same period – job vacancies in January 2016 advertised salaries 1.9% higher than those from January 2015, meaning new hires this year are taking home slightly higher annual salaries.

Learn more about CV-Library at www.cv-library.co.uk.

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CV-Library is one of the UK’s largest online job sites, with the UK’s biggest database of over 10.3m CVs. The company was founded in 2000 as a response to Lee’s identification of a market niche. As a young carpet fitter at the time struggling to find work, Lee saw a need for an easy-to-use job board benefiting both job hunters and recruiters. With a £9k loan and help from a web developer, the CV-Library website was built. Lee’s raw passion and hands-on marketing strategies lifted the business off the ground and it is this that continues to push his company to new heights.

The business is now one of the fastest growing websites in the country. The team is expanding rapidly, now employing over 140 staff. It has also launched sister website, Resume Library, in the US, where the company is set to expand and take the brand global over the coming years. Lee puts the reason for his success down to working incredibly hard, loving what he does and a strong desire to make the business the best it can be.

Lee has received over 50 awards and accolades to date and was last year recognised as Entrepreneur of the Year. In April 2015 CV-Library was also ranked as number 49 in the Sunday Times Profit Track 100.

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