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UK – Job market most buoyant in three years

07 December 2012

The UK jobs market is at its most buoyant since December 2009 if you believe the latest Reed Job index. This recorded further job growth in November, particularly in London. The recruiter said that the final quarter of 2012 is on track to be the strongest for new job opportunities in three years.

Last month, job opportunities grew by +1% stronger from October while year-on-year, the index posted +5% more jobs. Most sectors performed well with energy and education showing strong growth rates.

London led the way, recording a 5% surge in new opportunities compared to a year ago. Nationwide, all regions were offering more opportunities than in 2011.

“We have pointed towards steady growth in new roles for many months now and this latest set of figures further underlines how much the jobs market continues to recover,” said Martin Warnes, managing director at reed.co.uk.

“The picture in the capital is especially encouraging and points towards London continuing to act as the engine room of growth in the wider jobs market for the coming year.”

But Mr Warnes warned that the job market still proves difficult for graduates and also for part-time workers who would prefer a full time role. “But with rising vacancies and over 3 million new applications for roles in October, the activity we're seeing in the job market shows an encouraging return to confidence,” he added.

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