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New jobs indicator reveals cautious optimism for UK jobs market

by LLB Editor
9th Oct 20 9:16 am

A new monthly jobs indicator released today by Internet Association shows an increase in the number of full and part time job postings online after a slump during the height of the coronavirus pandemic. And its brand new ‘online income tracker’ – identifying the amount of additional income being made by people online through, for example, selling products on platforms like Etsy or Ebay – shows that over a quarter of UK adults now use the internet to earn additional income online.

The new report echoes the findings from The Recruitment & Employment Federation yesterday that showed increased hiring activity among recruitment consultancies during September – suggesting a cautiously positive trend for job vacancies in the UK.

With the lockdown during the middle of 2020 causing many businesses to close their doors, the data show the impact on new job postings online during that time, with a dramatic fall during April through to June – particularly among part time roles. However, as the economy slowly reopens, August saw a 63 percent increase in full time job postings and an 85 percent increase in part time job postings. This continued to rise in September – suggesting a slow but gradual recovery of the jobs market.

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