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KEY INDUSTRY SECTORS OFFER JOBS BOOST BUT EMPLOYERS REMAIN CAUTIOUS

KEY INDUSTRY SECTORS OFFER JOBS BOOST BUT EMPLOYERS REMAIN CAUTIOUS

Key growth areas such as accountancy and banking, finance and insurance saw an uplift in the creation of new job vacancies in May, according to Adecco and the latest data from mysalarychecker.com*. However, while there were over 110,000 advertised vacancies recorded across the board last month, this is down marginally on April (111,015 vacancies) and reflects a continued caution among employers.

Despite reporting a monthly fall in new vacancies last month, the engineering and construction sector continues to represent the highest proportion of new roles being created. However, outside of the public sector, this sector also reported some of the highest month on month falls in new vacancies across both permanent and temporary roles in May.

Permanent jobs market remains strong for general staffing roles

Temporary general staffing roles (manual, administrative and non professional services roles)*1 recorded growth in May across the telecoms and the engineering and manufacturing sectors. However, it is the permanent market, which has shown the most positive growth in new general staffing roles, with the majority of sectors recording an increase in new roles last month.

Steven Kirkpatrick, Managing Director, Adecco - the UK's largest recruiter, said:

"The latest data on new job vacancies is good news for those seeking employment, with sectors such as accountancy, banking, insurance and finance fuelling the creation of new roles in both the temporary and the permanent jobs market. However, despite these positive signs, coupled with recent reports that unemployment levels have again fallen, employers remain cautious. Some sectors, such as engineering and construction are seeing monthly falls in the number of new jobs being created, suggesting this sector may have already peaked in terms of new job creation.

Permanent roles across general staffing put in strong performance

Kirkpatrick, added: "Permanent roles across general staffing are performing well, with new vacancies growing month on month across the majority of sectors. However, despite a relative slow in the creation of new, temporary roles, this is expected to pick up over the summer. With the holiday season on its way, we would expect to see the number of new, temporary roles, particularly in the tourism industry, notably increase over the coming months."

London 12 Games effect begins - a view from the official recruitment services provider of the Olympic and Paralympic Games

Kirkpatrick, concluded: "With London 12 now just over a year away, there is no doubt that the UK jobs market will receive a welcome boost. We expect the Games to generate tens of thousands of new roles, from catering and tourism to security and cleaning, as well as technical and professional roles. Since launching jobsforthegames.co.uk earlier this year, the official London 12 job board, we have received strong interest from job seekers, keen to secure a role related to the Games.

"While a considerable proportion of the roles created are expected to become available closer to the time of the Games, we are already seeing the first of these jobs come to the market as some employers begin to staff up or start to plan for the additional staff they will require."

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