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170,000 more UK jobs as Covid-19 vaccine roll out boosts hiring

In a much-needed piece of good news for jobseekers after months of hardship, our data shows the UK jobs market recovering as the COVID-19 vaccination roll out boosts employer optimism.

To find out how the UK and other countries are faring so far in 2021, we analysed over 12 million+ live job vacancies aggregated in real-time from thousands of unique job sources across 12 international markets throughout January. Read on to see what we discovered.

 

The vaccine roll-out has boosted UK job openings

January saw the Covid-19 vaccine rolled out at pace across the UK and that has filtered through into a major jobs boost. Advertised job vacancies climbed 16.3% throughout January in the UK, with 748,667 job ads live in the final week of January (25th-31st) compared to just 580,522 in the first full week of January (4th-10th) equal to more than 168,000 new openings. This represents a new post Covid-19 high for UK jobs and is the highest number of jobs offered since March 2020.

Our data tracks live job postings on Adzuna.co.uk, collated on a weekly basis. While it is usual to see a pick-up in hiring throughout January, the uptick seen so far in 2021 cannot be explained by seasonality alone. To give this some context, the same period last year saw advertised vacancies climb by a little over 82,000 postings. We have seen double that growth so far in 2021. At Adzuna, we believe this is down to the roll out of the vaccine boosting employer optimism and unlocking hiring. We expect to see this growth filtering through into appointment data, such as the KPMG/Rec Report on Jobs, in the next few months. Of course, we can’t predict the future and a new variant or other unforeseen event could affect this recovery – but there is good reason for cautious optimism.

 

UK leads the hiring recovery in Europe

The UK jobs market was hardest hit last year, but is now recovering quicker than the rest of Europe. Our analysis shows the UK leading the jobs market recovery in Europe, with the increase in vacancies beating similar upticks in France (+14.2%), Austria (+6.3%), and The Netherlands (+0.3%). Meanwhile Germany (-3.5%) and Italy (-9.2%) have both seen hiring fall so far this year.

New Zealand (+51.6%) and Australia (32.0%) saw the biggest increase in advertised vacancies throughout January as both countries began easing restrictions, including restoring the travel bubble allowing travel between the two countries. 

 

UK sees Scientific & QA jobs boost

January was a game-changing month for hiring in many sectors. 21 out of 26 sectors saw job ads rise throughout January in the UK, but some industries are doing notably well. 

Scientific & QA jobs increased 31.5% between the 4th-10th January and 25th-31st January, boosted by vaccine research, production and roll-out. Top employers AstraZeneca, Covance and GlaxoSmithKline hiring for hundreds of jobs between them.

The IT sector is also performing well, with over 109,000 advertised openings on offer, up 30.6% from the start of the year. 

Finally, Financial & Professional Services are showing strength, with Consultancy jobs up 27.4%, Legal openings up 25.1% and Accounting & Finance positions up 24.8%. These sectors took a big hiring hit last year, so this news is particularly positive.

Logistics & Warehouse continues to be one of the top hiring sectors, with 41,243 openings on offer, 5.5% up from the start of the year, with roles for delivery drivers and warehouse workers booming since the pandemic, fuelled by the rise in online shopping.

Despite the wider recovery, lockdown restrictions continue to dampen hiring in Hospitality & Catering (down 4.9%), and Travel (down 5.2%).

 

Top companies currently hiring at pace across the UK include Barchester Healthcare (2,399 jobs), Amazon (1,917 jobs), discount supermarket Aldi (1,513 jobs) and engineering company AECOM (1,471 jobs).


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