Big fall in job vacancies, study suggests

Job vacancies have plummeted in recent months because of the Covid-19 crisis, with some areas seeing a fall of 80%, a new study suggests.

Jobs site CV-Library said there was a fall of 62% in the three months to June compared to the same quarter last year.

Cities worst affected by the drop in vacancies included Aberdeen (down 80%), Bristol (70%), Leeds (69%), Birmingham (68%) and Glasgow (down 67%), said the report.

Sectors which saw the biggest fall in job adverts included administration, design, sales, recruitment, catering, media, and marketing, research indicated.

Lee Biggins, chief executive of CV-Library, said: “It’s no secret that lockdown measures stunted the UK economy and labour market during this period.

“As a result, businesses had no choice but to put a pause on their hiring plans and make difficult decisions about their workforce.

“These figures are pretty bleak and naturally, some industries and locations have been more affected by others, although the market is already showing signs of recovery this month, albeit very slowly.”

Average pay dropped in sectors hardest hit by the pandemic, down by almost a fifth in leisure and tourism, 9% in charities and 8% in catering, the report added.

Published: 20/07/2020 by Radio NewsHub