Reed Job Index

REED JOB INDEX

298

Nov 2016

+7.2% (Nov 2015: 278) 2015 average: 262

What is the Job Index?

Reed Job Index as featured in

November 2016 figures: Manufacturing and Retail jobs up as UK brushes off Brexit vote

Overview

The Reed Job Index for November shows that the jobs market continued to grow throughout month, with the number of jobs advertised up 7% on the same time last year.

Overall, the Reed Job Index stands at 298 for November, just short of last month’s record high.

Sectors

According to the latest Job Index, Manufacturing and Retail are amongst the sectors driving this annual growth, rising by 24% and 22% respectively compared to last year.

There are warning signs elsewhere, however, with jobs in the Training sector falling by more than 50% in November compared to the same month last year, whilst new apprenticeships fell by over 30%.

The Banking sector also saw a decline, with the number of advertised jobs down 14% year-on-year.

Regions

Overall, the regional picture for November was positive, with all regions enjoying a year-on-year rise in jobs advertised. Northern Ireland, Wales and the East Midlands saw the biggest increases in new opportunities (41%, 22% and 15% year-on-year growth respectively).

National Job Index in the last 12 months

Nov 2016: Top 5 sectors YOY

1. Security & Safety

32.4%

2. Health & Medicine

24.5%

3. Transport & Logistics

23.7%

4. Retail

21.1%

5. Manufacturing

21.1%

Nov 2016: Top 5 regions YOY

1. Northern Ireland

40.5%

2. Wales

21.9%

3. East Midlands

15.4%

4. West Midlands

13.3%

5. North East England

12.5%
About the Reed Job Index

Whether you're looking for staff or looking for a job, it pays to keep up-to-date with what's happening in your industry and in your region.

What is the Reed Job Index?

The Reed Job Index tracks the number of new job opportunities on offer compared to the previous month and against a baseline of 100 set in December 2009. Data is analysed across every major industry sector and UK region and trends highlighted in a monthly report.

How is the data gathered?

Data for the index is compiled from reed.co.uk, the UK's largest job board, which every day lists over 200,000 job opportunities from 12,000 recruiters across 34 career sectors throughout the UK.

When is the data released?

Reed Job Index figures are released at the start of each month and give an accurate and timely snapshot of the UK's job market. The Reed Job Index has quickly become a respected measure of the state of the UK's job market, being widely reported across the national news media.

What's included in the Reed Job Index?
Reed Job Index

Tracks the number of new job opportunities and salaries on offer compared to the previous month and against a baseline of 100 set in December 2009

Job Index

The number of online job vacancies and jobseeker activity on reed.co.uk in that month

Job Index by Sector

National Job Index figure segmented into 34 sectors

Job Index by Region

National Job Index figure divided into 12 regions across the UK