UK jobs recover but north-south divide remains

The UK’s jobs recovery accelerated last month but a deep north-south divide persists, a study has found.
It was 200 times more difficult to get a job in Salford, where there were 65 jobseekers per vacancy, than in Cambridge or Aberdeen, with 0.31 per vacancy, said Adzuna, a jobs search engine.

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Nine of the 10 best cities to find a job were in the south of England, while eight of the worst were in the north.

Advertised vacancies across the UK rose 2.6 per cent compared with October to 768,300, up 13.5 per cent on 12 months ago.

However, the average advertised salary was down 2.4 per cent on a year earlier, at £32,650 – equivalent to a drop of £1,500 after inflation.

Salaries for recent graduates fell nearly 16 per cent compared with last year to £26,000, while vacancies for graduate jobs have dropped 15 per cent since January.

In some sectors salaries increased, with manufacturing up 17 per cent and administration 9 per cent.
Andrew Hunter, Adzuna’s co-founder, said: “If job vacancies and unemployment trends continue at the current rate, we may find that Mark Carney [the Bank of England governor] brings forward an interest rate rise as early as September 2014.”

The best cities to find a job were Cambridge, Aberdeen, Guildford and Reading, while the worst were Salford, Rochdale, Hull, Sunderland and the Wirral.

Hull, named last month as the UK’s 2017 City of Culture, had the potential to reap social and economic benefits from its new status, Mr Hunter said.




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