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Despite high unemployment Reed reports growth in job vacancies

Filed under: Recruitment General — Jonathan on November 22, 2011

This week, Reed has reported that last month they recorded the highest growth in vacancies in month-on-month analysis dating back to 2009. This comes in the same week that the government released unemployment figures which have reached levels not seen for 20 years.

The leading recruitment consultancy has highlighted that in particular job vacancies within the IT sector are up by 16 percent. External factors are driving the increase in this particular sector with high demand disciplines such as IT security pushing up the amount of business continuity vacancies.

Other sectors are also on the rise with sales, marketing and retail related jobs up by 8 percent each and accountancy improving by 7 percent in October.

A spokesperson at Reed revealed that last week’s unemployment figures relate to the job market at the close of September whereas Reed’s data covers the period up to October accounting possibly for the discrepancy. However experts say it is imperative that the private sector continues to grow to compensate for the loss of public sector jobs.
The Work Foundation’s researcher, Andrew Sissons commented:

“It is particularly encouraging to see job opportunities in areas such as IT and accountancy, as these are the sectors most likely to drive a lasting recovery in the long term. However, employers in these areas sometimes complain of skills shortages despite high levels of unemployment, so there is no guarantee that jobs like these will stem the rising tide of unemployment.”

Students trying to break into the areas of information risk and cyber security would therefore be well advised to ensure they have the certification needed to snap up these IT security jobs.

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