Number of jobs being advertised in Leeds, Sheffield and Hull plummets

The amount of jobs being advertised in Leeds, Sheffield and Hull fell by 52 per cent, 40.5 per cent and 29.6 per cent respectively in July, when comparing data with a year ago.

Friday, 7th August 2020, 5:28 am

However, according to the latest job market data from CV-Library, job vacancies appeared to increase by 38.1 per cent, 30.8 per cent and 34.6 per cent across these key cities compared to June; suggesting that the job market is slowly picking back up.

The job board analysed data from its site throughout the month of July and compared the findings with data from July 2019 and June 2020 to build an understanding of how the UK job market is fairing right now.

It reveals that applications to jobs in Hull have dropped by 27.9 per cent year-on-year and in Leeds by 11.6 per cent.

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Job vacancies plummet

However, they have risen by 15.5 per cent in Sheffield. What’s more, the number of applications has also increased month-on-month, rising by 13.5 per cent in Hull, 17.8 per cent in Leeds and 20.1 per cent in Sheffield.

As a result, the application to job ratio has increased by a massive 94.2 per cent in Sheffield, 84.3 per cent in Leeds and 2.5 per cent in Hull, when looking at year-on-year data.

Lee Biggins, founder and CEO of CV-Library, comments on the findings: “Demand for jobs is still outstripping supply and this will be a trend that we’ll continue to see for some time. Naturally, the summer months tend to be a quieter time for both recruitment and job searching. However, the fact that our economy is struggling means there are less opportunities up for grabs than normal and more people looking for work; not an ideal combination.”

Interestingly, despite there being less jobs available, average pay in Sheffield actually rose by 26.1 per cent year-on-year; from £31,070 in July 2019, to £39,170 in July 2020. Pay also rose by 7 per cent year-on-year in Leeds and by 4 per cent in Hull.

Competition for jobs has ramped up

Biggins continues: “While it’s a promising sign that salaries are higher than they were a year ago, we know that companies are starting to make difficult decisions about their workforce. This means that you may well need to take a pay cut if you are applying for a new job right now. Don’t be disheartened by this as it’s only to be expected; but do ask about different perks the company might offer, such as flexible or remote working.”