Reed Job Index

REED JOB INDEX

281

August 2016

+7.7% (Aug 2015: 261) 2015 average: 262

What is the Job Index?

Reed Job Index as featured in

August 2016 figures: Booming job market for Manufacturing and Motoring but harder times for Banking and Engineering sectors

Overview

Up-to-the-minute data from the UK’s largest job site, reed.co.uk, reveals that the jobs market continued to grow in August, up 7.7% on the same time last year. Overall, the Reed Job Index stands at 281.

Sectors

According to the latest reed.co.uk Job Index, two thirds of the nation’s employment sectors (70%) are healthier than they were in August 2015. The strongest amongst these are Security & Safety, Motoring & Automotive, and Manufacturing which experienced +40.3%, +28.9% and +20.2% annual growth respectively.

Banking, Scientific and Engineering are among the sectors hardest hit since the shock Brexit result with falls of -23.3%, -11.2% and -5.8% respectively.

Pleasingly, Apprenticeships have picked up strongly in August, and the Retail sector is performing better too.

Regions

Around the UK, every region continues to enjoy annual jobs growth, with Northern Ireland, Wales and the North East of England seeing the biggest increase in new opportunities (58.0%, 13.9% and 13.6% year on year growth respectively).

Monthly, the biggest slowdown occurred in London, with the capital seeing 5.8% fewer opportunities available in August compared with July and now at its lowest level since January 2016.

National Job Index in the last 12 months

August 2016: Top 5 sectors

1. Security & Safety

40.3%

2. Motoring & Automotive

28.9%

3. Apprenticeships

24.0%

4. Education

22.4%

5. Manufacturing

20.2%

August 2016: Top 5 regions

1. Northern Ireland

58.0%

2. Wales

13.9%

3. North East England

13.7%

4. East Midlands

11.1%

5. North West England

10.8%
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