Huge drop in number of jobs on offer
THINK TANK SAYS AREAS STRUGGLING BEFORE VIRUS CRISIS ARE EVEN WORSE OFF NOW
William Hale with Kettlebell Kitchen founder, Carley Jones
MANCHESTER has seen the number of local job vacancies plummet due to the coronavirus crisis, figures suggest.
That is according to the Institute for Employment Studies, which collected data from Adzuna – one of the UK’s largest online job search engines.
The think tank warns many people struggling before the pandemic will now be even worse off, and says much more must be done to support livelihoods.
There were 9,843 job vacancies in Manchester on June 14 – 61 per cent fewer than on March 15, the date the IES used as the benchmark for pre-crisis vacancy levels.
The figure was also 65pc lower than at the same time a year previously. Across the country, the number of vacancies plunged to 367,000 on June 14 – 55pc lower than the 820,000 jobs advertised before the virus crisis.
But there was huge variation between areas – Watford in Hertfordshire and Aberdeen both saw the biggest drop with 76pc fewer vacancies, while London’s Kensington and Chelsea saw a 127pc rise.
Tony Wilson, director of the IES, said: “This crisis has affected all parts of the economy, but it’s clear that it is hitting some places harder than others. Many of these areas were struggling before this crisis began and are in even more trouble now. We need to be doing much more both to support employment demand in the short
Mims Davies term – for example by cutting employer National Insurance – and in the longer-term to support new industries and jobs.”
The think tank also compared the vacancy data to Office for National Statistics figures on the number of people claiming work-related benefits, such as Jobseekers Allowance and some forms of Universal Credit.
It found there were around four claimants per vacancy in Manchester
in May, up from one in March, although the ONS has cautioned that changes to Universal Credit due to the virus mean more people could get help while still being employed.
But this was still significantly lower than the UK average of nine people chasing every listed job.
The Joseph Rowntree Foundation, which funded the research, said the government must focus on mitigating the economic impact of the pandemic as the economy reopens if it wants to follow through on its ‘levelling up’ agenda and reduce regional inequalities.
Employment minister Mims Davies said: “We know it’s a challenging jobs market for many at the moment and some sectors have been hit particularly hard.
“That’s why we’ve taken unprecedented action to support our economy during this emergency, protecting millions of jobs and thousands of businesses through the furlough scheme, grants, loans and tax cuts.”