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UK Sees Standout Job Growth in the Run Up to Christmas

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The UK job market continued to strengthen throughout November, with job growth increasing by 13.6% year-on-year and 3.2% month-on-month. This is according to the latest data from the UK’s leading independent job site, CV-Library.

Many cities and industries across the UK saw standout, above-average, job growth in November 2016, when comparing data with November 2015, confirming that businesses across the country remain determined to thrive despite there being ongoing uncertainty as a result of various economic factors in 2016. Some of the top cities and sectors for growth include:

Top Cities For Job Growth Top Sectors For Job Growth
1. Sheffield  –  28.5% 1. Manufacturing  –  37.7%
2. Southampton  –  23.1% 2. Automotive  –  37.3%
3. Glasgow  –  18.4% 3. Military/Emergency  –  31.3%
4. Edinburgh  –  18.4% 4. Hospitality  –  26.8%
5. Birmingham  –  18.1% 5. Legal  –  21.7%
6. Portsmouth  –  17.3% 6. Customer Services  –  20.9%
7. Manchester  –  14.3% 7. Construction  –  19.6%
8. Leeds  –  14.3% 8. Public Sector  –  18.4%
9. London  –  12.9% 9. Catering  –  17.9%
10. Liverpool  –  10.3% 10. Marketing  –  17.7%

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

“It’s great to see that the nation as a whole has experienced strong job growth in November, and that businesses are remaining confident in the run up to Christmas. It’s a busy time of year, and therefore not entirely surprising that jobs have risen, as organisations look for staff to work over the festive period. It’s also apparent that some of the savvier employers are choosing to advertise their vacancies well ahead of the January rush, in a bid to boost their chances against competitors as candidates begin looking for opportunities in the New Year. This abundance of vacancies is great news for eager job hunters, who have plenty of opportunities to tap into when they’re ready to look for a new role.”

However, while jobs were on the up during this period, application rates actually dropped by 4.5% when comparing month-on-month data. And while this might be perceived negatively, it’s actually very common for this time of year. Furthermore, candidate registrations were up by 4.5%, compared to the previous month, suggesting that job hunter appetite has not disappeared and many are sitting tight until the New Year.

Alongside this, salaries also dropped by 3.2% compared to 2015, which is likely due to ongoing economic uncertainty, especially as we approach the end of the year. The biggest drops were seen in sectors such as Construction (-22.9%) and Agriculture (-16.7%) and cities such as Leeds (-7.2%) and Portsmouth (-5.2%).

Biggins concludes:

“It’s not surprising that applications have dropped at this time of year, but the increase in registrations suggests that candidates are holding out for future opportunities. The New Year may have candidates searching for new roles, and though it can be difficult in uncertain times, businesses will have to offer the best possible salaries or workplace perks if they hope to remain competitive and continue to attract talented recruits.”

Find out more 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 12m 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 200 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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