Overcast

Overcast

max temp: 2°C

min temp: 2°C

ESTD 1874 Search

UK: Salaries and vacancies ‘on the up’

09:31 26 August 2014

The jobs market for graduates is looking brighter, according to a report.

The jobs market for graduates is looking brighter, according to a report.

Archant Norfolk

Job vacancies and salaries are both increasing, showing a “statement of confidence” from businesses, according to a new report.

Research by jobs site Adzuna found advertised salaries up by 0.9% compared with a year ago, while vacancies were up by more than a quarter.

Advertised vacancies stood at more than 870,000 in July, driven by more jobs in manufacturing, said the report.

Businesses were willing to pay more to attract skilled workers, said Adzuna.

Co-founder Andrew Hunter said: “Despite a constant stream of negativity towards UK wages, there is genuine cause for optimism. Advertised salaries have grown annually for the first time since the recession, a sign that people may at last begin to feel the economic recovery in their pockets.

“Unprecedented growth in both graduate job vacancies and salaries is a statement of confidence from UK businesses.

“Firms can now afford to take on more entry-level staff, feeling confident that there will be the resources to pay their wages for years to come.

“Firms are now willing to pay more to attract graduates as they compete for skilled entry-level workers. The job market remains tough for graduates, but the playing field is showing some signs of levelling out.”

Search hundreds of local jobs at Jobs24

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

An artist's impression of Sizewell C

Community leaders are set to withhold their backing for a £14billion new nuclear power plant on the Suffolk coast – saying EDF Energy needs to do a lot more work to reassure the public.

The newly proposed site for the Aldi supermarket in Martlesham Heath.

Discount supermarket giant Aldi has confirmed its intention to build a new store in Martlesham Heath, and has submitted a formal planning application.

A sharp rise in cyber crime drove an increase in major fraud in the UK last year.
Photo: Dominic Lipinski/PA Wire

The cost of fraud to Britain rose above £1bn for the first time in five years in 2016, driven in part by a huge surge in cyber crime.

LED lighting delivered by LPA Lighting Systems, part of Saffron Walden-based LPA Group, to the Munich Metro.
Photo copyright SWM/MVG/N+P Industrial Design

North Essex LED lighting and electro-mechanical systems manufacturer and distributor LPA Group has reported a five-fold increase in annual operating profits.

Newmarket Race Course

Rural businesses in Suffolk and north Essex are reported to be facing some of the biggest hikes in rate payments during controversial tax reforms.

Management Jobs

Show Job Lists

Most read

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24