The latest job market data from CV-Library, the UK’s leading independent job board, reveals that applications to social care jobs increased by an impressive 20.6% last month, when looking at month-on-month data.
The study looks at job market data throughout May and compares this with figures from the previous month (April 2020) and year (May 2019), to build an understanding of how the UK labour market is really fairing right now.
It reveals that applications have also risen by an impressive 19.2% year-on-year. Despite this, when analysing job numbers, the findings show that social care vacancies have dropped by 6.2% month-on-month and 1.4% year-on-year.
Lee Biggins, founder and CEO of CV-Library, comments: “The social care industry has been integral during the coronavirus pandemic and many job hunters understand this. However, like many industries employer confidence has taken a knock and job numbers have dropped. The wider market is starting to show signs of recovery, however there’s still a long way to go and we cannot expect figures to return to normal overnight. Especially when businesses are under a lot of financial pressure.”
Alongside the above, CV-Library’s data shows that competition for the social jobs that are available right now is intensifying. In fact, when looking at the amount of applications per vacancy, this figure has risen by 28.6% month-on-month (7.35 apps per vacancy in May 2020 compared to 5.72 in April 2020).
Biggins continues: “The fact that there are less jobs being advertised than normal, and more professionals entering the job market, means competition for jobs is already beginning to intensify. This will put employers in a favourable position as the labour market continues to shift, but it’s important for companies across the industry to think seriously about their recruitment and retention efforts; especially when the furlough scheme does eventually come to an end.”