"The UK job market saw a modest rebound in February, with advertised vacancies rising 4.41% month-on-month to 725,571, marking the first improvement since June 2025."
"Despite the monthly uptick, annual vacancies remain down 15.6% year-on-year, the weakest performance since 2021, with sectors such as graduate roles falling 45% annually."
"The average advertised salary rose 1.16% month-on-month to £43,791 and 5.53% year-on-year, outpacing current inflation of 3%."
"Regional trends showed mixed recovery, with Yorkshire & The Humber leading monthly vacancy growth, while Wales and Scotland suffered the largest annual declines."
In February, the UK job market experienced a 4.41% month-on-month increase in advertised vacancies, totaling 725,571. However, annual vacancies decreased by 15.6%, the lowest since 2021. Unemployment remained steady at 5.2%, the highest since 2020, with job competition slightly increasing. Average advertised salaries rose by 1.16% month-on-month and 5.53% year-on-year, with IT and HR sectors leading wage growth. Regional trends varied, with Yorkshire & The Humber showing the most growth, while Wales and Scotland faced significant annual declines.
Read at London Business News | Londonlovesbusiness.com
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