Read more: UK economy faces strong headwinds as firms face record high inflationary pressure This means that, while vacancies are high across the board, many of the new opportunities facing job seekers are in relatively low-paying jobs. In contrast, there was little change in the number of vacancy postings for teachers, and the number of nursing and midwifery vacancies was lower than pre-pandemic levels.Īmong unemployed workers without a degree, 70% have seen the number of job opportunities for which they might have the appropriate prior experience increase by more than 40%.įewer than half of those with a degree compared have seen an equivalent increase in opportunities.
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Job openings for warehouse workers in the five months to February 2022 were more than double their pre-pandemic level, and vacancies for drivers were 80% higher than in the same months before the health crisis. However, it did highlight that there has been a shift towards vacancies in lower-skilled, lower-paid occupations.
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Read more: UK basic pay falls behind inflation at fastest rate in eight years The group added that on a sectoral level, where there have been big increases in job posts, there was no evidence as of yet to suggest that this has pushed wages higher. The research used data on workers and jobseekers from the Labour Force Survey, and online job vacancy data from Adzuna, up to and including February 2022.
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This had changed no more since then than between 20, the IFS said. The coronavirus pandemic has not drastically changed the UK labour market, with around 20% more job vacancies than there were before pre-COVID, new research has found.Īccording to data from the Institute for Fiscal Studies (IFS), funded by the Economic and Social Research Council, the overall amount of change in the occupational mix of vacancies is no greater than would be expected over a normal two-year period. While vacancies are high across the board, many of the new opportunities facing job seekers are in relatively low-paying jobs.