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    Home ยป UK Job Vacancies Surges to 1.1 million, 20-Year Record High
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    UK Job Vacancies Surges to 1.1 million, 20-Year Record High

    October 12, 20211 Min Read
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    The number of vacancies reached 1.1 million from July to September 2020, but the UK employment rate was still below the pre-pandemic levels.

    • This was the second straight quarter where the average number of vacancies has topped 1 million, with 12 of the 18 employment sectors.
    • The wholesale and retail trade, repair of motor vehicles, and motorcycles sector suffered the most significant quarterly jump in vacancies, up by 35,000 jobs (32.4%) in the last three months.
    • Overall, there were 3.7 job openings for each 100 employee jobs, a new record high. But there were indicators that demand for staff has started to slow down in certain sectors.
    • Last quarter, the ONS posted a 38.9% jump in vacancies compared to the last three-month period, but from July to September, there was a 27.7% increase.

    Even though all sectors recorded an increase in job openings, the highest rate of growth was posted in transport and storage that recorded a 56.1% increase in vacancies.

    FTSE 100 down -0.39%, GBP USD up +0.10%

    Source: Office of National Statistics

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