The number of advertised job vacancies grew by 3.1% between December 2013 and January 2014, with the total number of available jobs across the UK now at 768,104 and expected to exceed 800,000 by the end of February 2014, according to research by Adzuna.co.uk seen by the Welfare News Service (WNS).
The headline figure represent a 14% increase on this time 12 months ago and research suggests that the apparent rise in advertised job vacancies is at least partly due to a strengthening manufacturing sector, which now employs around 2.5 million people across the country.
> Although the the apparent rise in advertised job vacancies in my Jobcentre appears to be because there are so many self-employed, commission-based non-jobs.
In particular, significant growth in the UK’s car industry accounted for 10,012 advertised vacancies in January 2014 – triple the number advertised in January 2013 and experts predict that UK car production will reach record levels by 2017, creating even more jobs. The UK’s largest car manufacturer, Nissan, has started production on a new factory in Sunderland, providing jobs for more than 7,000 people.
> For some people. It’s generally understood locally that you have no chance at all of getting a job at Nissan if you’re aged over 30.
And we’d better hope that Nissan don’t decide they can make more profits elsewhere in the world and up sticks, thereby creating a domino effect amongst their suppliers.
I never feel putting all your eggs in one basket is a good idea, but it keeps happening. A few years ago, call centres were the way ahead for the region – until they decided to relocate overseas.
Andrew Hunter, co-founder of Adzuna, said:
“Manufacturing will play a key role in the rejuvenation of the British economy. It will help to increase the productivity of the country’s labour force, and help us catch up with our overseas competitors. The Bank of England has cited that greater economic productivity is needed to validate wage expectations, and manufacturing is one of the key vehicles to drive this forward.”
He added: “While the booming car industry is fuelling vacancy growth around the UK, the real future of the UK’s manufacturing industry lies in new technology. Manufacturing techniques such as 3D printing could remove the need for many elements in supply chains, bringing large parts of production back to the UK and increase demand for skilled labour in the industry.”
Despite an increase in the number of available jobs in the UK, the North-South divide remains. Nine of the top ten cities to find a job in January were concentrated in the South, while seven of the worst ten cities to find a job were in the North.
Cambridge is the easiest place to find work, according to Adzuna’s research, where jobs outnumber jobseeker’s four to one. This is in stark comparison to the Wirral where an average 27.28 people are applying for each job vacancy in the city.
Andrew Hunter said:
“It’s vital that government initiatives attempt to bridge the gaping North-South split in the jobs market. Encouraging manufacturing will have a positive effect on the whole economy, but it could further separate North from South. The North is home to British car manufacturing, and a collection of Jaguar Land Rover production plants are based in the Midlands. But our high-tech manufacturing plants are clustered in the South, with Cambridge and Guildford two key epicenters. It is this type of highly skilled manufacturing which we are re-shoring back to Britain. Once again, it will be the South that benefits the most.”
> So, no change there then.
Unemployed people looking for work will welcome news that the jobs market appears to be improving. However, the news for salary levels isn’t as positive.
> More advertised jobs does not necesserily mean more good jobs. It might – from my personal experience as someone looking for work – just mean more non-jobs, part-time work and zero-hour contracts. Remove all those and what do your figures show then ?
I certainly haven’t noticed many jobs advertised in the car industry locally
The average advertised salary fell by 1% to a 17-month low in January 2014 and now stands at £32,011 per annum, according to Adzuna.
Figures show that wages have fallen 4.6% since January 2013, which in monetary terms equates to a drop of £2,181 in advertised salaries, Adzuna say.
Source – Welfare News Service, 27 Feb 2014