Overcast

Overcast

max temp: 17°C

min temp: 12°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

Wolseley is to axe around 800 jobs.
Photo: Anna Gowthorpe/PA

Plumb Center owner Wolseley is set to axe up to 800 jobs as part of a restructuring that will see it shut 80 branches and a distribution centre.

Big Wave PR and Remembrance Travel receiving their gold award at the  Anglia, Thames and Chiltern PRide Awards.

PR professionals from Essex and Suffolk have been celebrating a string of successes in the Anglia, Thames and Chiltern regional round of the Chartered Institute of Public Relations’ annual PRide Awards.

Suffolk Business Ambassadors on their tour of the Port of Ipswich.

A group of Suffolk business leaders who have accepted the challenge of encouraging more inward investement in the county have been given a behind-the-scenes tour of the Port of Ipswich.

The 2015 Menta Trade Fair at The Apex in Bury St Edmunds.

With just a few days until the Menta Trade Fair on Tuesday, October 4, plans are being finalised for the biggest business event yet seen in Bury St Edmunds.

Earl Soham. Credit: Mike Page.

Owners of an east Suffolk business centre are looking to convert some of its older buildings into residential use – while finding new sites for those being displaced.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24