Job vacancies in London rose by an impressive 11 per cent in the second quarter of 2017.
Despite growing uncertainty in the run up to the general election last month, data published today suggests that businesses in London remained confident in Q2 2017, with job vacancies and applications showing a promising increase.
The Q2 job market report from CV-Library, compared data from April, May and June 2017 with data from the same period last year, and found that there were 11 per cent more jobs being advertised in London in Q2 2017, making it one of the top 10 cities to witness the strongest hikes in job vacancies year-on-year.
Glasgow and Brighton also displayed strong jobs growth with +25 per cent increases, and Guildford showed 19.6 per cent more job openings compared to last year.
Aberdeen, Dundee, Sheffield and Manchester also performed well.
Lee Biggins, founder and managing director of CV-Library comments: “It’s great to see that businesses across the UK are continuing to invest in growing their workforce, particularly in London as it’s such an important city to our economy.
“Our data tells us that despite there being a great amount of uncertainty following Brexit and last month’s general election, job vacancies in London actually increased in the run-up to this event and it is certainly a great time for eager job hunters to begin looking for their next opportunity.”
UK industries experienced outstanding strong job growth in the last quarter, with manufacturing showing the biggest hikes in job vacancies year-on-year.
Charity, automotive and social care also had spikes, along with property services, recruitment, engineering, design, agriculture and construction.
Biggins added: “The increase in advertised salaries further illustrates the high business confidence in the last quarter, suggesting that they are fighting to offer the most competitive packages. However, it’s clear that candidates are not reciprocating this confidence, with application rates dropping across the UK.
“As the dust settles on the recent election, we hope to see candidate appetite pick back up – especially given that there are some great opportunities out there in many of the UK’s top industries.”
Since you are here
Since you are here, we wanted to ask for your help.
Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.
Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.
If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.
To donate or subscribe to The London Economic, click here.
The TLE shop is also now open, with all profits going to supporting our work.
The shop can be found here.
You can also SUBSCRIBE TO OUR NEWSLETTER .