Competition for available roles has fallen to 0.38 jobseekers per vacancy, according to data from jobs site Adzuna. The 0.38 number marks a five year low, and is the most positive situation jobseekers have found themselves in since Adzuna’s records began in June 2012.

In June 2018, the Adzuna Job Index showed average advertised vacancies sitting at 1,141,773, 5.1% less than a year before. The report said there are some signs of a turning of the tides, however, with vacancy count growing month-on-month with a 0.8% increase.

Doug Monro, co-founder of job search engine Adzuna, commented, “With competition for roles hitting an historic low, the mood should certainly be cheery for jobseekers in Britain. Monthly vacancy growth and a good, long-term trend in salary growth compound the good news for those seeking new employment opportunities.”

Data from Adzuna also found that average UK advertised salaries have grown year-on-year, currently standing at £33,762, showing a 3.8% increase on this time last year. However, Adzuna added that a small monthly salary decline (-0.5%) points to the possibility of a salary stutter a positive picture.

Adzuna also ranked the best cities to find a job with Cambridge ranking at the top with 0.06 jobseekers per vacancy. On the opposite end, Sunderland had 3.22 jobseekers per vacancy.