It was extremely difficult to predict what would happen to the UK job market when the Brexit vote was decided last year. Significant uncertainty came as a result, with various sectors unsure about their prospects moving forward. Despite there being an inevitable impact, some sectors are reporting growth so far in 2017, suggesting that progress has still been possible. Even though some sectors have faced difficulties in the market, others have thrived, leading to positive performance figures being recorded.
IT & Technology:
The IT job market has unsurprisingly continued to perform impressively, due to the constant developments being made in the industry. Currently, there are 20,533 live roles in the IT sector, while average salaries have increased by £3,933 so far in 2017.
Always high on the list in relation to number of job opportunities, the engineering sector is again providing as many as 78,467 advertised roles in any given month. The average salary has also increased by £960 compared to last year, with the problem coming with the amount of skilled workers available to take positions in the UK.
Early signs in the construction sector are positive, with the government pledging £5bn to boost the building of houses. This should result in a substantial growth in jobs. There are currently 12,045 job roles within construction, and the average salary has risen by 11% since 2016.
Other high performing sectors…
Other industries are also performing well in the job market, with manufacturing experiencing a 26% growth in the number of jobs. The energy and marketing sectors have both seen increases in the average salaries on offer for their roles too.
However, it’s not all plain sailing in the market, with a number of sectors struggling at the moment. The teaching profession is experiencing talent shortages, with similar problems occurring in the health sector. Furthermore, several industries are expressing concerns about how Brexit will affect their success in the months ahead.
Reference: Recruitment Buzz