[Skip to content]

Search our Site
Tuesday 28 February 2017
To read the latest issue, Recruiter cover
To view past issues, click here


March 2017 start up supplement
HOT 100 - 2017
FAST 50 - 2017
Guide to Recruitment Software 2017
Recruitment industry suppliers 2016/17
Managing agency workers & contractors
Software Guide
Fast 50
HOT 100
Digging His Scene
Guide to Recruitment Industry Suppliers
Managing agency workers 2015
Recruiter - Guide to recruitment software 2015
Fast 50 2015
Recruiter Software Supplement
Hot 100

Job vacancies exceed jobseekers for first time since recession

Tue, 25 Nov 2014
The number of advertised job vacancies has overtaken the number of jobseekers for the first time since the recession, and average salaries have increased at a greater rate than inflation, according to the latest UK job market report from Adzuna, released today [25 November].

In October, there were 887,771 jobseekers compared to 936,596 advertised vacancies. That equates to a ratio of 0.95 jobseekers per vacancy, down from 1.02 in September. Year-on-year competition for jobs has fallen from a ratio of 1.69.

Total advertised vacancies increased 25.1% year-on-year in October, up 3.4% from September.

Advertised salaries also increased in October, up 4.3% year-on-year to an average of £34,670, outstripping the Consumer Price Index inflation rate of 1.3%.

Average advertised graduate salaries saw the largest increase of 15.7% year-on-year to £26,438. Customer service and teaching jobs saw the next biggest increase, both 11.5% to £21,526 and £26,642 respectively.

However, salaries in the energy, oil & gas sector were down 3.1% year-on-year.

All regions of the UK experienced year-on-year wage increases except Scotland, which experienced a 0.9% decrease to an average of £33,011.

The biggest improver by region was Wales where the average advertised salary increased 12.8% to £30,376.

Adzuna co-founder Andrew Hunter said the fall in Scottish salaries was due to a downturn in the energy, oil & gas sector in October and the after-effects of the referendum vote.

  • Want to comment on this story? The Comment box is at the bottom of the page. Sorry for the glitch but just scroll right down and share your opinions!
Page Comments
Please enter your comments below
Fill out the all the boxes and click the 'Submit' button to make a comment on this page
*Comments are added to the bottom of the page. They are moderated and will not be published until approved by the Recruiter team. They may be edited.
All too simplistic. And, how do they arrive at such figures, given that the web is littered with duplicate jobs on thousands of websites? Also, what about such figures 'by sector'? If 1 million people are looking there is no guarantee that even if there were over a million jobs up for grabs they entirely match the skill sets, experience and ambitions of those looking.

Alasdair Murray (25/11/2014 18:43:01)