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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 extremely positive to see that employment rates are continuing to rise, and this is reflected in our own job market data from the second quarter of 2017. Our data found that not only did jobs increase by 1.6% on Q1 2017 but they jumped by a staggering 14.9% when comparing data with the same period last year.

“Furthermore, we found that organisations in some of the UK’s key industries are remaining confident and continuing to invest in their workforce. Our data indicates that the manufacturing, charity, automotive and social care sectors all saw an impressive increase in job vacancies last quarter. This is particularly good given that some of these sectors were predicted to be hit hardest by Brexit.

“As well as this, our Q2 data remains in line with ONS figures, which revealed that weekly earnings have increased when compared to the same period in 2016. While real earnings may be declining, we found that advertised salaries increased by 1.9% when comparing year-on-year data, suggesting that organisations are willing to invest in potential new recruits.”