Tom Lovell, group managing director of specialist recruitment consultancy Reed, comments on the labour market statistics published today by The Office for National Statistics:
“Last month’s labour market statistics showed a continued stabilisation of the UK jobs market, with unemployment continuing to decrease, and an increase in employment levels. This was supported by our own figures which showed that that the number of permanent jobs opportunities was up 4% year on year.
“Looking to the latest figures, this positive trend is continuing, with the number of permanent jobs taken up 7% on April’s figures and the number of interviews attended up by 10% - a possible indicator that employers are gearing up for the second half of the year by taking on more staff. The technical services sector, which includes roles in engineering and property and construction, performed particularly well, with strong signs of growth also coming through in the finance, technology and education sectors, all of which saw an increase in permanent roles in May.
“This is also supported by the latest Reed Job Index, which provides insight into the conditions and trends across the UK labour market and showed that May was a buoyant month for UK jobs, with new vacancies increasing by 17% year on year and 5% compared with April. It also found that health, charity and education support services were most in demand and that the vast majority of regional employers are posting more opportunities, with Scotland, South West and East Midlands see biggest regional growth.”