Boost for job market on 2010
Aug 11 2011
The year on year job market looks promising
Job opportunities have seen a steady increase of 9 per cent year on year, research finds.
Some 15 of the 21 industry sectors monitored by the Monster Employment Index UK show positive annual growth on 2010 in July.
Transport, post and logistics (up 36 percent), remains the strongest performer of all industry sectors and has held its position for the past six months.
Production, manufacturing, maintenance, repair (up 35 percent) stays flat on last month’s figure while engineering (up 33 percent) maintains its position amongst the top three annual growth industries.
Michael Gentle, spokeperson for Monster says, ‘The Index shows recruitment trends steadily improving across the UK. This coincides with recent upward trends in industrial new orders, as reported by Eurostat and likewise, the ONS Index of Services’ recently reported rises in distribution and transport. Trends in the Index continue to remain more favourable than a year ago.’
Legal (down 12 percent) and banking, finance, insurance (down six percent) are among the larger declining sectors over the year but both registered milder reductions in July than in June.
Public sector, defence, community (down 15 percent) continue to exhibit a steep annual decline, placing it bottom of the Index by measure of growth.
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