The number of jobseekers per advertised job vacancy has reached a record post-recession low of 0.89, researchers claim.
According to the latest UK Job Market report from Adzuna – a search engine for job advertisements – the number of advertised job vacancies reached 949,778 in November 2014, the largest number of jobs since the recession and up 23.6% on November 2013.
Adzuna say there has been ten consecutive months in which competition for jobs has fallen and there are now more advertised vacancies than jobseekers.
Andrew Hunter, co-founder of Adzuna, said:
“The job market has seen significant revival over the past year. The most recent figures provide a solid base for optimism as we head into 2015.”
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