Over two-thirds of industries continue to be hit by Brexit as job vacancies drop below 1 million for the first time in 4 years, according to Adzuna
Vacancies have dropped below 1 million for the first time in 4 years (Feb 2015), after losing a total of 132,201 jobs in the past 12 months according to the latest research from job search engine Adzuna.co.uk.
The Energy, Oil and Gas industry has seen just over a third of jobs wiped from the job market in the past 12 months as Brexit uncertainty continues to unsettle the job market. Domestic work has seen an equal number of jobs lost in the past 12 months (34%).
Retail continues to suffer after losing 22% of vacancies year on year. Around 16 stores closed every day in the first half of 2019 while only 9 opened, resulting in a net decline of 1,234 chain stores on Britain’s top 500 high streets according to an analysis by PricewaterhouseCoopers (PwC) and high street analysts the Local Data Company (LDC).
The Accounting and Finance industry is another casualty in the job market with a loss of 22% vacancies year on year. The news comes after City financial firms have committed to move at least 7,000 jobs out of the UK to prepare for Brexit. Consultancy firms lose an equal amount of vacancies year on year, while Engineering, Property, Construction, Teaching and Charity jobs lose 21% of jobs year on year.
Only 5 industries out of 30 have made a notable uplift in advertised vacancies year on year. Gardening vacancies have seen considerable growth (37%), followed by travel (21%) and Sales jobs (20%). Healthcare and Nursing jobs have increased 17% year on year. However, the boost in opportunities for healthcare professionals, sparks worry for the NHS with 81,430 unfilled positions. Read more