Reed: Jobs in January up 9% on previous year

New jobs in January were 9% higher than the previous year, despite decline in demand in a number of sectors from banking to energy, reports the Reed Job Index.
Weds, 1 Feb 2012
New jobs in January were 9% higher than the previous year, despite decline in demand in a number of sectors from banking to energy, reports the Reed Job Index.

At 123, the index remains above the 100 level set as a baseline in December 2009 and 9% higher than the January 2011 figure of 113.Estate agency jobs were up 24 points to 146, and charity & voluntary saw a 22 point rise to 142.

The largest month-to-month drops in the Index came in consumer-facing sectors, with hospitality & catering jobs demand dropping 33 points from December.

Martin Warnes, managing director of reed.co.uk, says: “The recovery in the jobs market continues to be a slow one.Nevertheless, year-on-year growth in new jobs of 9% for January is encouraging and underlines the determination of UK businesses to ride out the economic storm.”

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