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Comment: ONS Labour Market Statistics - CV-Library

Reacting to the latest ONS Labour Market Statistics, released today, Lee Biggins, founder and managing director of CV-Library, comments:

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“It’s positive to see that the unemployment rate is continuing to drop, and it’s clear that businesses across the UK are working hard to strengthen their workforce and keep more people in work. In fact, our own job market data for the second quarter of 2017 has found that advertised job vacancies were up by 1.6% on the first quarter of the year, and 14.9% when comparing data from the same period last year.

“Not only this, but the ONS figures indicate that weekly earnings for employees have increased and we also found that salaries rose by an extremely promising 1.9% in Q2 2017, when compared with Q2 2016. Given the events that took place last summer following the EU Referendum, and the fact that the Brexit backlash was yet to hit, it’s extremely positive to witness this jump in pay and suggests that businesses across the UK are remaining confident and still looking to invest in their workforce.”