Innovantage provide a regular in-depth analysis of employment demand based on the data they capture from millions of jobs posted online across job boards and company websites. By providing a snapshot of the prevailing hiring trends they hope to inform your staffing and talent decisions.
- At 2,063k in May 2019, the number of original job ads captured by Innovantage was 7% lower than in the same month last year and 3% lower than in May 2017.
- In addition, 531k reposts of previous adverts were captured – suggesting that the role was unfilled via the original post and/or it was a role that an employer continually advertises. This equated to 26% of the volume of original ads posted.
- At 2,594k, the combined total of original job ads and reposts was 8% lower than in May 2018, and was 910% lower than in May 2017.
- Official vacancy levels were up 1.4% YoY Setting the 7% annual decline in the number of original job ads into context of the most recent total number of UK workforce jobs (35,492k in March 2019), the workforce jobs total was just 1.7% (587k) higher than a year earlier and 1.9% (675k) higher than in March 2017.
- And in context of the official ONS vacancy number for the quarter ending May 2019 (837k), UK vacancy numbers were 1.4% (11k) higher than the figure one year earlier and 6.4% (50k) higher than in March-May 2017
There is some really great data in the full eight page report that you can get from the Innovantage website for free.
