Reed Job Index

REED JOB INDEX

289

July 2016

+8.20% (July 2015: 267) 2015 average: 262

What is the Job Index?

Reed Job Index as featured in

July 2016 figures: Jobs growth continues in July despite post-Brexit uncertainty

Overview

Figures released for July 2016 reveal that the UK job market continues to grow with 8% more vacancies on offer in July than the same time last year. However, the monthly index fell by three points (1%) compared to June. Overall, the Reed Job Index for July stands at 289.

Sectors

According to the latest reed.co.uk Job Index, more than two thirds of the nation’s employment sectors (70%) are healthier than they were in July 2015. The industries boasting the highest annual employment growth are Security & Safety (+47.7%), Education (+28.8%), and Construction & Property (+24.5%).

The Manufacturing Job Index stands at 418 and is up +18.4% annually. This is an especially encouraging sign for longer-term economic prospects, particularly in light of Markit’s latest PMI figures, which reported that manufacturing output has dropped to its lowest level since February 2013.

Of the sectors seeing declines in annual growth, Apprenticeships (-29.8%), Banking (-15.8%) and Energy (-14.7%) are amongst those hardest hit.

Regions

The reed.co.uk Job Index shows that around the UK, every region continues to enjoy annual jobs growth. Northern Ireland, North West England and Wales are the regions which have seen the biggest increase in new opportunities.

National Job Index in the last 12 months

July 2016: Top 5 sectors

1. Security & Safety

47.7%

2. Education

28.8%

3. Construction & Property

24.5%

4. Motoring & Automotive

23.7%

5. Accountancy (Qualified)

22.8%

July 2016: Top 5 regions

1. Northern Ireland

61.0%

2. North West England

16.0%

3. Wales

14.5%

4. East Midlands

12.2%

5. Yorkshire and Humberside

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