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Scotland sees significant job vacancy increase

Category: Scottish Economy — Paul Morgan on August 8, 2013

Internet careers board totaljobs.com has reported a rise of almost 25% in the number of vacancies in Scotland over the last 12 months.

In further good news, which is likely to be welcomed by the Institute of Recruiters, there are fewer applications for each position.

According to the totaljobs.com barometer, there are, on average, 14 people now sending applications for each position. This time last year, this number was 16.

The firm also says the 24% increase from where the market was at in July 2012 is a very good sign for the economy.

Talking about the findings, totaljobs.com’s manager in Scotland, Steve Clark, said:

“With the summer now upon us, we’ve seen a flurry of job vacancies in tourism and hospitality. The warmer weather has [also] boosted retail sales and the housing market looks like it’s turning a corner.

“The fact that employment opportunities have increased in Scotland since last year is bound to contribute to cautious confidence amongst jobseekers and employers.”

The confidence has also been boosted by firms continuing to address their financial strategies. More robust decisions are seeing credit lines being reduced, for example, with firms taking on invoice factoring facilities instead.

Breaking down the figures, totaljobs.com shows that the property industry has seen the biggest increase in vacancies, with 55% more than last year. Travel and tourism saw the second biggest increase with 33%.

Retail jobs too have increased, by 12%, whilst Graduate jobs also saw 19% growth from the previous year’s rate.

'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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