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Job Vacancy growth at 15-year high


The rate in which job vacancies are growing has hit the fastest levels in 15 years according to the job vacancies index, which uses data from 400 recruitment firms, whilst the report also shown that salaries for permanent staff were also rising at the highest level of six years.

The news further supports growing consumer and business confidence that the UK economy is beginning to show signs of a sustained long-term recovery, something that some opinion leaders had previously cast doubt upon. Additionally, a separate report on business trends by accountants BDO backed up growing confidence in the recovering economy by revealing that business confidence grew for a tenth consecutive month and that growth next year would be “robust”.

However, despite the availability of jobs growing, the availability of candidates to fill roles actually fell, although this could be due to a regular trend where the recruitment industry dips during the winter due to employees focus on Christmas as opposed to their careers.

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