Brexit jobs boost: Employers remain undeterred by referendum result

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In the three weeks since the historic vote, the number of new jobs added to reed.co.uk is up 8% on the same period last year. What’s more, 83% of companies tell us they will not be freezing recruitment after the UK’s decision to leave the EU.

As reported in yesterday’s Mail On Sunday and today’s City AM, the latest figures from reed.co.uk show that the UK’s jobs market remains resilient and British employers are undeterred after the historic vote to leave the EU.

In fact, in the three weeks following the announcement of the referendum result, 151,836 new jobs have been added to reed.co.uk – that’s 8% more than were added during the same period last year.

The sectors benefiting most from the post-referendum boost include Education (+12,773), IT & Telecoms (+12,002) and Sales (+10,834), whilst the cities benefiting most include London (+14,803), Manchester (+4,843) and Birmingham (+3,701).

In the run-up to the referendum, 66% of recruiters stated that they backed the Remain campaign. Despite this, in the wake of Britain’s decision to leave, UK employers are still optimistic. In the days following the announcement of the result, 83% of companies surveyed said that they don’t plan to freeze recruitment.

 

James Reed, chairman of reed.co.uk comments:

 

“There’s been a lot of conjecture, most of it negative, about the impact of Brexit on jobs. I was very surprised to see data last week from CEB Global Consultancy claiming that the number of job vacancies advertised had fallen by 700,000 following the referendum. Our data tells a very different story.

In the three weeks since the Brexit vote, the number of new jobs added to reed.co.uk is well up on this time last year. Britain’s employers seem determined to continue with business as usual.”

 

For more in-depth analysis and data tables, please get in touch.

 

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