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West Midlands job prospects looking up

10 Mar 14  | Recruitment News

The West Midlands jobs market is looking healthy, as the number of job postings increases, whilst competition for each role drops, reports.

According to the latest Jobs Barometer from the Office for National Statistics (ONS), jobseekers across the West Midlands may find 2014 to be much more accommodating than those in recent memory.

This is thanks to overall business confidence bringing about a much healthier marketplace.

The ONS claimed that, over the past 12 months, competition for roles has dropped by 11 per cent. Simultaneously, the number of new positions being advertised rose by nine per cent.

Jobseekers can also take solace in the report's trustworthiness, as the ONS called upon a user base of 5.2 million British workers and 5,000 recruiters to gather its findings.

Whilst the West Midlands produced some good results on the whole, it wasn't all so positive for one of its long-affiliated industries - that of engineering, manufacturing and utilities. In this section, the ONS reported a 17 per cent drop in the number of new jobs being advertised over the course of 2013.

Nationally, the jobless total dropped to 7.1 per cent as it inches toward the fabled seven per cent mark at which point the Bank of England governor Mark Carney said he would consider raising the interest base rate, notes.
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