UK vacancies reach 2.7m

The number of vacancies in the UK has now reached 2.7m according to the Recruitment and Employment Confederation (REC).

The first week of November saw 221,000 new jobs posted, which is the fourth highest weekly number since the start of 2020.

Most jobs posted were for driving instructors and forklift truck drivers whilst there was a fall in construction roles.

“The latest job advert numbers show recruitment activity staying strong in the run-up to Christmas,” said  Neil Carberry, chief executive.

“The general positive trend varies by region and sector, however. London has been affected more than other areas by the rise of hybrid working and its jobs market continues to grow at a slower pace than the rest of the UK.

“While roles in logistics and care are in high demand, the construction sector saw a drop-off last week as supply issues constrained the industry’s ability to work to capacity.

“It’s vital that, as the recovery continues, government put measures in place that will help companies invest with confidence, thereby increasing productivity and helping the economy to grow.

“That includes a revolution in the skills system, especially focused on helping those furthest from the labour market into work,” he added.

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Safiya Bashir
Safiya focuses on business and political stories for UK Investor Magazine. Her interests include international development, travel and politics.