SJD Accountancy

Jobs market continues to grow, finds Reed Job Index

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Due to a record surge in new job opportunities made available by UK employers from a wide range of sectors, the jobs market is at its healthiest for five years.

The latest Reed Job Index surveyed over 10,000 employers across the country and revealed that there were 8% more opportunities on offer in May than in April.

The report found that the sectors that experienced the greatest growth were the education and health and the medicine professions, as both were reported to have an annual growth of around 60%.

James Reed, Chairman of said, “In line with the season, the jobs market has bloomed this spring after steadying in April. We are particularly encouraged by the fact that the majority of employment sectors are showing growth.

“We believe that a jobs-led recovery is the way forward for the UK economy and, with the latest service sector and house price data starting to indicate the wider health of the economy picking up of late, we are starting to see the tentative recovery very much being led by the buoyant jobs market.

He added, “Looking ahead, it will be interesting to see whether this month’s GDP and ONS figures follow suit. Both measures have recently shown encouraging, if modest growth and there are strong signs the growing health of the jobs market will continue to help drive the economy forward.”

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