The UK job market is showing signs of recovery with overall vacancies up 0.64% compared to six months ago, indicating a shift away from earlier challenges.
Seasonal hiring has significantly bolstered growth in sectors like Trade & Construction, Retail, and Hospitality & Catering, with nearly 23,000 Christmas jobs available this October.
Despite the recovery signs, the competitive nature of the job market remains, evidenced by 2.08 jobseekers per vacancy, the highest level since June 2021.
Vacancy fill time is increasing, averaging 39.5 days in October, the longest since September 2022, reflecting the tougher job-seeking environment.
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