The United Kingdom is seeing job vacancies skyrocket to the highest level ever, proving the economy is rebounding faster than predicted. Unemployment rates are falling, and more people are working, reaching pre-pandemic levels. Wage pressures are on the rise, which suggests the Bank of England will raise interest rates sooner than planned.
The Office for National Statistics reported the number of UK job vacancies grew by 290,000 between May and July 2021 to 953,000. Those are the highest numbers since 2001, when record keeping started. If you are considering relocating for a better job opportunity, contact JobsAWorld. Their team will connect you with the perfect job opportunity.
As the pandemic lockdown restrictions were being lifted and vaccines are being rolled out, there has been an increase in UK job opportunities. Arts, food and leisure service suffered the most during the lockdowns and now have the most UK job vacancies. The number of people on company payrolls increased by 182,000 between June and July 2021.
The director of the Institute for Employment Studies said the figures prove the recovery has continued to gain steam through the spring as restrictions were lifted. The labor supply just can’t keep up with the employer demand. There are many opportunities available for you and your family in the UK. Contact JobsAWorld and submit your resume to find the job of your dreams. It doesn’t matter where you are living.