Job vacancies have hit a post-recession high

Job vacancies have hit a post-recession high of almost a million in the UK, although wage growth is stagnating, according to a new report.

Jobs site Adzuna said there are almost eight jobseekers per vacancy in parts of the north west, although the national average in December was just under one.

Wages are increasing ahead of the rate of inflation, but there were "warning signs" on the horizon.

Spokesman Andrew Hunter said: "The streets might be paved with jobs, but that doesn't mean they're paved with gold.

"On a month-on-month basis, salaries have been static for three months running.

"This is partly down to an increase in lower paid roles, but also due to growing concerns over an increasingly fragile eurozone.

"The recent plateauing may signal a larger and more worrying trend towards stagnant wage growth."

Adzuna reported double digit increases in advertised salaries in administration, customer services, manufacturing, travel and construction over the past year.

http://www.manchestereveningnews.co.uk/business/one-million-job-vacancies-uk-8557036?ptnr_rid=86360&icid=eml_MENBusiness_Business3ReadMore2

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