Job vacancies estimated at nearly one million for the first time since records began in 2001, reveals survey

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3rd September 2021 10:43 - Professional Services

Job vacancies estimated at nearly one million for the first time since records began in 2001: A recent survey by the Office for National Statistics has revealed the number of job vacancies has been estimated to be at just under one million in June 2021. The estimated number of vacancies (953,000) is the highest estimated since records began in 2001.
It was also found that the Arts, Leisure and Food industry have created the most vacancies in the last few months, with most venues and companies fully reopening. In addition, analysts predicted the rate of unemployment would stay at just under 5% for the quarter, however, the figure slightly increased.
Despite the number of job vacancies increasing, the number of people on furlough has decreased to the lowest amount since the scheme was first introduced. Furthermore, the number of people with jobs increased in June and July by 182,000, and has grown by almost 500,000 in the few months prior. However, it is still estimated that the number of employed UK adults is 201,000; lower than before the pandemic started. 
The study also found that wages grew from April to June in 2021 by 7% without bonuses and 9% including bonuses. The number of young and old people in work has also increased with the rate of employment up to 75% for the age categories, according to the findings.
Mims Davies, the Minister for Employment, said: “There are positive signs of recovery in today’s jobs figures [but] there is still work to do and we’re focused on helping employers fill roles through our Plan for Jobs – giving people of all ages the skills, support and experience needed to confidently land that next opportunity.”

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