UK job vacancies rose by 1.1% in July, marking the first increase this year, signaling a modest recovery in the job market amid changing political and economic conditions.
Despite a monthly rise in vacancies, year-over-year comparisons show a significant decrease of 17.69%, indicating ongoing challenges and a long road to full job market recovery.
The job market is showing signs of improvement as the average time-to-fill vacancies decreased to 35.6 days, the quickest pace observed so far this year.
The increasing proportion of job adverts excluding salary information plummeted to 46.3%, highlighting a concerning trend in salary transparency amidst improving job prospects.
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