- By Region
Job vacancies in the UK registered a year-on-year increase in June, according to the Reed Job Index survey of more than 10,000 recruiters.
The index, a monthly measure of conditions and trends in the job market, rose to 134 in June, 7.2 per cent higher than the 125 recorded in the same month last year.
The motoring and automotive, health and medicine and social care sectors showed the strongest increases, recording annual growth rates of 79 per cent, 66 per cent and 61 per cent respectively. Meanwhile, banking continued to suffer, with its index score almost 34 per cent below the level of June last year.
Despite the good year-on-year figure, the June index was about 5 per cent down on the previous month, from 141 to 134. However, analysts claimed this should not overshadow the positive year-on-year results. “Though month-on-month growth fell back slightly, largely due to the extended bank holiday period, broadly speaking, job opportunities are growing healthily”, Martin Warnes, managing director at reed.co.uk, said.
Data from the same study show that salaries have remained broadly stagnant. In June the national salary index stood still at 98, which is the same level as both May 2012 and June 2011. The banking sector saw the biggest month-on-month increase, with the index reaching 120, up 7.1 per cent on May. This is the same level which the index reached in June 2011.