Reed Job Index

REED JOB INDEX

301

Oct 2016

+6.7% (Oct 2015: 282) 2015 average: 262

What is the Job Index?

Reed Job Index as featured in

October 2016 figures: Reed Job Index at highest ever since 2009 launch as post-Brexit jobs market remains buoyant

Overview

The Job Index has reached its highest level since launching in 2009 – easing fears that Brexit would damage employment.

With 220,181 jobs posted on reed.co.uk in October and 3,389,735 applications made in the same month, the index was up 6.7 per cent year on year.

Overall, the Reed Job Index stands at 301 for October.

Sectors

According to the latest reed.co.uk Job Index, growth was driven by large year on year rises in sectors including security and safety, graduate training and internships, and transport and logistics. Manufacturing and retail jobs both grew by more than a fifth year on year.

The largest month on month growth came in the education sector where there were nearly a fifth more jobs available than the previous month.

Sectors which saw a year on year decline included apprenticeships, banking and leisure and tourism.

Regions

All regions showed year on year growth. The West Midlands showed the largest month on month growth with a 7.1 per cent rise. Month on month, East Anglia was the only region with fewer jobs than in September, while Scotland had zero per cent growth.

National Job Index in the last 12 months

Oct 2016: Top 5 sectors YOY

1. Security & Safety

55.0%

2. Graduate Training & Internships

26.7%

3. Transport & Logistics

23.3%

4. Manufacturing

21.9%

5. Retail

21.2%

Oct 2016: Top 5 regions YOY

1. Northern Ireland

43.7%

2. Wales

14.5%

3. West Midlands (Region)

12.2%

4. East Midlands

9.9%

5. Scotland

9.8%
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