Onwards and Upwards

A few weeks ago I talked about a significant increase in job advertisements, suggesting we are starting the climb of recovery, out of recession.

At the start of last week we were told our economy is still contracting as we remain in the record breaking recession. Surprisingly, the FTSE did not buckle at the news.

At the end of last week and start of this week there are reports telling us the property market is growing for the first time in 19 months, http://www.independent.co.uk/news/business/news/house-prices-record-first-annual-rise-in-19-months-1812311.html

I feel we are definitely on the road of recovery, a brief look in Google News this morning agrees....

US company launching in Europe (and UK) creating 8,000 jobs - http://www.dailymail.co.uk/money/article-1223730/Best-Buy-looks-8-000-staff-massive-recruitment-drive.html

New Zealand report showing similar analysis to Allthetopbananas.com job advert analysis, showing growth in the recruitment market - http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10606831

UK Infrastructure jobs growing and banks lending to big projects -  http://news.efinancialcareers.co.uk/newsandviews_item/newsItemId-22051

Abu Dhabi witnesses increased recruitment rates -  http://gulfnews.com/business/general/jobs-abu-dhabi-witnesses-increased-recruitment-rate-1.521604

As it is the first week in November we will be analysing the job advertisement data for October. I expect to reveal a positive headline showing continued recruitment improvement.

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Posted on November 2, 2009 08:30 by dave
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Categories: Recruitment
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November 2. 2009 13:58

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November 2. 2009 14:27

Stephen O'Donnell

With www.AlljobsUK.com, I have been monitoring the volumes of job adverts on the UK's most popular job boards since August 2000. http://www.alljobsuk.com/recindex.shtml As we know, from our figures since 2000, there is a regular seasonal lift in figures from August to mid-December. The current Index shows twelve weeks of growth over the last thirteen weeks, but not at the rate seen in previous years. Confidence has not fully returned to the recruitment market, but any growth, such as it is, is very welcome indeed. Despite having now risen by almost 100 points since its lowest level (716.04 - Aug 2009), more candidates are fighting for fewer vacancies than ever before, with the only relief hopefully coming in the next few months, when the index usually rises in the run up to Christmas.

Of our monitored sites, only CVLibrary, Jobsite and Totaljobs are above 50% of their peak levels reached just 20 months ago. All three of these sites are Finalists in our National Online Recruitment Awards - hosted on Thursday 5th November. http://www.norauk.com/awards/awards-event/
Whilst the statistics may be sombre reading, the mood in the sector is optimistic, and most are readying themselves to push for growth as soon as possible.

Stephen O'Donnell

November 2. 2009 23:26

Dave Martin

Stephen,
Thanks (as always) for your input. It is very pleasing to see that both our companies that monitor a significant number of jobs are seeing growth. Our figures last month agree with your statements, although it is worth stating while any index would be very much down on 20 months ago, the growth rate appears to be stronger - and this is good news for every one!

BTW - Very pleased to see CV Lib and Total Jobs are in the final, I am disappointingly unable to make the event - but Good Luck to those top sites that deserve to be up there.

Dave Martin

November 17. 2009 13:03

jobs for Abu Dhabi

As situation get better and better more and more job opportunities will be created.

jobs for Abu Dhabi

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