According to ONS, there were 862,000 job openings between April and June
The UK’s unemployment rate has fallen in the past quarter as the ongoing easing of closure restrictions helps bring economic recovery.
The unemployment rate fell 0.2% between March and May to 4.8%, but the employment rate rose to 74.8% over the same period.
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Additionally, the number of vacant seats is increasing as UK businesses seek to manage the increased demand brought about by the reopening of the economy.
Vacancy has returned to the level that we’ve seen last before the pandemic. According to ONS, there were 862,000 positions between April and June.
This is only less than 10% from the myth since the last quarter.
“As we approach the final stage of reopening the economy, we look forward to seeing more people return to work and continuing to recover,” Prime Minister Rishi Sunak said.
“We’re bouncing. The number of payroll employees has been at the highest level since April last year, and the number of people at Furlough has been the highest in the three months leading up to May.”
“Vacancy above pre-Covid levels are further signs of repatriation of demand and creating employment for employers,” Matthew Percival, director of People and Skills at CBI told Sky News.
“Nevertheless, the ability of businesses to meet this demand and support the recovery is being challenged by a staff shortage. As COVID cases rise, businesses face double difficulties in hiring workers, and more Many employees face self-rewarding,” Percival added.
The figures show a positive reflection of how the UK economy has recovered so far, but the eyes will be ongoing progress or lack of it.
