HomeRecruitmentCompetitors for UK jobs peaks at highest stage since January 2021

Competitors for UK jobs peaks at highest stage since January 2021

The most recent job market knowledge from the UK’s main unbiased job board, CV-Library, reveals that in August 2023 the variety of purposes per job jumped by over a 3rd to 38.3% yr on yr.

The job board analysed the 1000’s of job posts marketed on its website over the month, in addition to the tens of millions of job purposes made to those roles, to work out the typical application-to-job ratio in August, historically a quieter month in recruitment. The final time this ratio was larger was virtually three years in the past, in January 2021.

The industries and places with essentially the most important will increase have been as follows:

Prime 5 industries with application-per-job will increase in August 2023 

  • Social care +142.8%
  • Schooling +64%%
  • IT +60%
  • Building +39.8%
  • Distribution +39.2%

Prime 5 areas with application-per-job will increase in August 2023 

  • East Midlands +54.4%
  • North West +49.4%
  • West Midlands +47.3%
  • North East +46%
  • South West +45.5%

Lee Biggins, Founder and CEO of CV-Library stated, “The job market is undoubtedly shifting. Whereas job vacancies are nonetheless excessive, they’ve fallen from their peak ranges in July 2022, and jobseekers are up in opposition to extra candidates than they’ve been since January 2021. The opposite persistent issue is the price of residing: because it continues to squeeze, we’re seeing extra candidates returning to the job market trying to enhance or complement their revenue.”  


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