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Jobseeker demand soared last month with temporary vacancies rising +11% when compared to a year ago, according to the latest labour market index by ICAP. This also showed demand for permanent jobs was more moderate with vacancies rising by +2%.
“Jobseeker enthusiasm has returned to the market in January, with record applications per job advertised. However, employment opportunities have failed to improve markedly since this time last year and the market appears unable to meet this demand,” ICAP said in a new report today.
In the three months to January, the medical and nursing sector posted the highest growth rate for temporary vacancies at +26%. This was followed by advertising and PR, and education. But demand for temporary workers fell sharply in the logistics distribution and supply chain sector (-34%) and the new media industry (-32%).
Defence and military proved to be the hottest sector for permanent vacancies while demand for graduates and trainees also increased. Permanent vacancies meanwhile fell in pharmaceuticals, customer service and logistics distribution industries.
ICAP’s labour market information is derived by monitoring UK employment information covering in excess of 60% of all job advertisements.