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Industry stats show strongest growth for two years

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The latest Reed Job Index showed an increase of 8 points between September and October this year – rising from 121 to 129. This brings the volume of opportunities back to the same level as the start of 2011 when recovery appeared more likely. Employer demand has also risen by 23% when compared to last year. IT and telecoms specialists saw one of the biggest growth figures, increasing by 24 points, and non-permanent roles at an overall level grew by 2.5%. Similar research, published earlier in the week by Adecco, also showed that the IT sector is now generating more opportunities.

Group Managing Director of Reed, Tim Lovell, explained that these figures show the strongest month-on-month increase in job opportunities for two years, and that this was noticeable across all areas of the country – adding, “While recent reports have focused on a north/south divide in employment levels, the real picture is not that clear cut, with strong demand for candidates in both the north and south of the UK. Our job index shows that demand for candidates has increased across all regions.” Managing Director Martin Warnes added, “The rise suggests a return of employer optimism to a level not seen for the last eight months.”

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