We are delighted to announce today that Adzuna’s U.K. job vacancies data is being used exclusively in a new economic recovery tracker in the Financial Times. The impact of covid-19 on the economy has been severe, but we are beginning to see some green shoots of recovery. This new report will provide a leading indicator view of how quickly Britain is bouncing back.
The new recovery tracker monitors consumer spending, reopening, retail footfall, hospitality activity and jobs. Adzuna’s data is powering the jobs section of the tracker and plots weekly hiring activity in accounting & finance, arts & media, construction, customer service, hospitality, retail, transport & tourism. The data, which is also shared with the ONS, Number 10 Downing Street and the Bank of England, provides insights into how employer behaviour is changing in response to the pandemic.
Andrew Hunter, Co-founder of Adzuna.co.uk said “The UK job market has been hit very hard in 2020. We’ve seen a 58% drop in hiring activity over the last 3 months and as Britain ‘unlocks’ this summer, a key priority for the government (and business owners alike) is to make data-driven decisions to get people back into work as quickly and efficiently as possible. We’re proud to be collaborating with the FT on this new recovery tracker, providing live data insights from over 50,000 British employers and taking a weekly temperature reading of the hiring activity across the country.”