UK job vacancies fall to nine-month low, study shows

http://www.independent.co.uk/news/business/news/uk-job-vacancies-nine-month-low-adzuna-september-study-a8078346.html

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Job vacancies have hit a nine-month low, although they remain over one million, a new study shows.

There were 1.1 million vacancies in October, down by 10,000 on September, said jobs site Adzuna.

Despite the fall, there were still more jobseekers than advertised vacancies, while salaries on offer averaged £32,174, an increase of 0.8 per cent from September, but 1.7 per cent lower than a year ago.

Average salaries for retail jobs increased by 7.3 per cent over the past year to £25,661, the research found.

Doug Monro, co-founder of Adzuna, said: "We've seen plenty of false starts in terms of salary improvements as incremental increases have been undone in following months.

"Nevertheless, those on the hunt for a new job will be hoping this improvement is for good and not just for Christmas.

"Despite a record-low unemployment rate, advertised vacancies have hit a nine-month low, showing we can't be complacent about the jobs market and we still need a steady supply of new roles to supplement its strength.

"We've heard plenty in Budget week about the millions of jobs created by the current Government, but this is no time to be resting on our laurels."

PA