ONS joins with Adzuna to launch real-time job vacancy index

The Office of National Statistics (ONS) has launched a real-time job vacancy index to update their methods of tracking and monitoring the job market.

As the British economy moves towards recovery from the Covid-19 pandemic, the index forms part of the ONS’ weekly ‘Faster Indicators’ report, described as an in-depth and up-to-the-minute study of the UK job market and the economic and social effects of Covid-19. 

The index is being powered exclusively by Adzuna data, with over 36m job adverts indexed by Adzuna between February 2018 to May 2020. Adzuna says the report provides insights into how employer behaviour is changing in response to the pandemic. “The ONS are set to publish this new ‘leading indicator’ data on a regular basis, alongside their long-time Labour Market Survey,” Adzuna announced in a statement revealing the partnership.

The live data will include insights from over 50,000 British employers and give a week-by-week and sector-by-sector temperature reading of the hiring activity across the country.

• Let us know what you think by emailing us at recruiter.editorial@redactive.co.uk or tweet us to tell us your thoughts or share this story with a friend.

Umbrella Parasol to protect contractors up to November

Umbrella company Parasol has announced it will absorb the full cost of employer’s National Insurance (NI) and pension contributions for all of its furloughed contractors from August.

2 July 2020

GLAA CEO Rich steps down after 18 months

GLAA CEO Michael Rich has today announced he is stepping down after 18 months in his role.

People 1 July 2020

Bright Network receives £3.5m investment led by Maven Capital

Maven Capital Partners has today announced that it has led a £3.5m investment in technology recruitment platform Bright Network, which connects employers with graduates.

Contracts 1 July 2020

Tempo attracts £5m Adecco investment

Recruitment platform Tempo has secured £5m in a funding round led by Adecco Group.

Contracts 29 June 2020