Job vacancies up 2% and average salaries at a six-month high
According to the latest UK Jobs Market Report from Adzuna the number of job vacancies in the UK in April reached 1.179 million, 2% higher than last year and the highest level since November 2015. The report also revealed that average salaries reached a six-month high of £32,678, however this was down by 2.3% from last year. The number of jobseekers for every vacancy has fallen year-on-year 18.5% to 0.44, which is a 2017 low.
Meanwhile, a third of UK vacancies were impacted by the increase in National Living Wage and less than 1% of open roles pay top salaries of over £100,000. Both Labour and the Conservatives have made pledges to increase the National Minimum Wage in their recently published manifestos.
Adzuna research also showed that a third of all jobs in the UK are affected by minimum wage rises and almost twice as many North East vacancies (41%) are affected by minimum wage changes compared to the capital (22%). Wales (40%), the North West (39%), the East Midlands (39%) and South West England (39%) would also see a proportion of vacancies impacted.