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The number of job postings increased in July although the amount of new listings eased, figures on Friday showed.
The Recruitment & Employment Confederation said the number of overall active postings in July was just under 1.8 million, up 2.4% on the number of postings in June, and still above pre-pandemic levels.
There were 748,211 new job postings in July, a 3.2% decline from the month before, though the seasonal effect of summer holidays is likely to have played a role in this, the REC suggested.
Most UK regions saw an uptick in the number of active job postings as compared to the previous month.
Of the top ten local areas with the highest increase in the number of job postings as compared to June, four were in London.
REC Chief Executive Neil Carberry said: ‘Vacancies remain high by historical standards, despite the steady cooling of hiring in the past year. This resilience reflects shortages in skill and labour in some sectors, and a growing optimism from firms about the end of the year, with economic growth up, the start of interest rate cuts and inflation considerably lower than a year ago.’
‘Both the high number and wide spread of vacancies in today’s report is particularly beneficial for recent graduates and school leavers because they will aim to begin their careers this summer, as well as prove helpful for those re-entering the job market after a break.’
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