UK job vacancies on rise by 14% - but salaries down £2,000

Jobs website Adzuna said the growth had been boosted by a "dramatic" increase in manufacturing and engineering jobs, fuelled by strong recovery in the car industry and a trend for firms to bring work back to the UK

A person walking past a job centre
The number of job vacancies has increased by 14% in the past year

The number of job vacancies has increased by 14% in the past year, and is soon set to top 800,000, according to a new study.

Jobs website Adzuna said the growth had been boosted by a “dramatic” increase in manufacturing and engineering jobs, fuelled by strong recovery in the car industry and a trend for firms to bring work back to the UK.

But advertised salaries fell in January by an average of more than £2,000, according to the research.

Guildford, in Surrey, and Cambridge were named as the two best places in the UK to find a job, with around four vacancies per jobseeker, compared to the Wirral and Salford, where 27 people were chasing each job.

Andrew Hunter, co-founder of Adzuna, said: “Manufacturing will play a key role in the rejuvenation of the British economy. It will help to increase the productivity of the country’s labour force, and help us catch up with our overseas competitors.

“The Bank of England has cited that greater economic productivity is needed to validate wage expectations, and manufacturing is one of the key vehicles to drive this forward.

“Unemployment is far lower than a year ago, and the number of options available to jobseekers has grown tremendously. If advertised vacancies continue to grow at the current rate, we anticipate the number of available jobs easily breaking through the 800,000 barrier on average in February.”

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