Adecco Study Finds Improving Job Market

June 19, 2013 – Numbers of permanent and temporary roles advertised during the end of the first quarter were up significantly according to data from HR solutions company Adecco. The figures show that the banking and insurance sector was the key benefactor, with a 32 percent rise in advertised vacancies. Sales (up 25 percent) and marketing, advertising and PR (up 20 percent) also saw dramatic increases. While the start of 2013 saw a considerable drop in available roles, possibly due to a rebalance following new budgets, the big jump from March to April can be explained by the end of the financial year enabling companies to assess whether they have the budget for more staff. The resulting a rise in vacancies indicated an improved job market. Vacancies in the IT sector showed the lowest pick-up with just a five percent increase in advertised vacancies. “The impressive increase in vacancies seen across all industries is undoubtedly excellent news for candidates. This quarter does however reflect the fluid nature of the market which is prone to change,” said Steven Kirkpatrick, managing director at Adecco. While candidates can feel positive that increased vacancies should provide them with a greater choice of opportunities, it is important they remain alert in their job search.”