Investment & Economy

In November 2020, the UK launched 1.36 million job advertisements From REC is a website that focuses on future technologies, markets and user trends. We are responsible for collecting the latest research data, authority data, industry research and analysis reports. We are committed to becoming a data and report sharing platform for professionals and decision makers. We look forward to working with you to record the development trends of today’s economy, technology, industrial chain and business model.Welcome to follow, comment and bookmark us, and hope to share the future with you, and look forward to your success with our help.

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New UK lock-in measures were introduced in the first week of November 2020, while 1.36 million jobs were released. However, as the rec’s latest jobs recovery tracker emphasizes, this recovery is not evenly distributed across different regions and industries in the UK labor market.

Job ads in northwest England recovered at the fastest pace, surpassing March levels in early August, followed by Wales. In October, the number of job advertisements in six of the 12 regions in the UK was higher than that in March, with northwest England (+ 36.8%), Wales (+ 33.4%) and Northern Ireland (+ 22.1) taking the lead.

However, the number of jobs in six parts of England continued to be lower than in March. London’s labor market followed closely, with job ads down 18.7% from March, followed by West Midlands (- 9.3%) and Yorkshire and Humber (- 6.8%).

More must be done to avoid skill mismatches in different industries and regions

The analysis also found the differences of career recovery in different industries. Due to the increasing demand of nursing home staff, the work position of nursing staff maintained a relatively stable level from March to October. By October, the number of nurse recruitment advertisements had increased by 39.0% compared with March, preparing for the coming severe winter.

After the spring slump, construction, logistics, food and beverage manufacturing increased significantly throughout the summer and autumn. In winter, the number of recruitment advertisements for food and beverage processing personnel (+ 53.2%) and light truck drivers (+ 43.3%) increased significantly. Seasonal demand will also affect these figures as retail industry prepares for Halloween, Black Friday and Christmas.

With the opening of the whole summer, the recruitment advertisements for woodworking and other construction professions also increased (+ 37.2%). Although vacancies in skilled white-collar jobs, such as software developers and accountants, declined in the first few months of popularity, demand has recovered and is now at the same level as in March.

On the other hand, in the past eight months, entertainment and leisure performed the worst. Despite a clear recovery in the summer, bar staff recruitment ads fell 48.7% in October. The posts of Chef (- 45.6%) and fitness coach (- 36.8%) were also much lower than those before the pandemic.

SHL: survey shows that Chinese employers prefer to judge people by their appearance? UK Institute of Finance: survey report on labor market return in 2018 Tencent Research Institute: impact of new technological revolution on labor market and income distribution? Beijing Normal University: 2015 China’s labor market development report: what changes will the labor market have in the robot era? Brookings Institution: data show that the global economy is weak in 2013. CrunchBase: in 2018, Chinese start-ups have obtained 93.8 billion US dollars of investment. IDC: in 2013, Q3 global storage software sales revenue increased by 1.5%. It automation changed the way of enterprise innovation. Economic recession Or when the growth slows down, which Internet products, services and models will rise? Digital investment opportunities for ASEAN investors

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