Jobs in the engineering industry rise by 11.2% in Q2 of 2017
Published: 18 July, 2017
Despite growing uncertainty in the run up to the general election last month, recent data published from a leading UK independent job board, CV-Library , suggests that engineering companies remained confident in Q2 2017, with job vacancies and advertised salaries increasing year-on-year.
The Q2 job market report from CV-Library compared data from April, May and June 2017 with data from the same period last year, and found that there were 11.2% more jobs being advertised in the engineering sector in Q2 2017, making it one of the top 10 industries to witness the biggest hike in vacancies:
1. Manufacturing – 24%
2. Charity – 21%
3. Automotive – 20.4%
4. Social Care – 18.2%
5. Property Services – 16.3%
6. Recruitment – 14.8%
7. Engineering – 11.2%
8. Design – 10.4%
9. Agriculture – 9.9%
10. Construction – 7.2%
However, despite there being more jobs available in the sector, the report says it’s clear that the industry is continuing to struggle with ongoing skill shortages and uncertainty, with applications falling by 12.2% compared to the same period last year.
Lee Biggins, founder and managing director of CV-Library comments: “It’s clear that organisations within the engineering sector are feeling confident and it’s particularly positive to see such a high year-on-year jump in job vacancies. That said, the drop in application rates could be cause for concern, and research by Engineering UK found that 1.8m engineers will needed in the country by 2025 to fill these gaps.”
Despite this drop, our data revealed that salaries within the engineering industry increased during this period, rising by a slight 0.4% year-on-year, though falling by 0.5% compared to Q1 2017.
Biggins continues: “The nation as a whole is currently in a state of limbo; there has been little clarification on the implications of Brexit and the results of the general election did nothing to pacify this. With this in mind, it’s not surprising that industries like engineering are holding pack on increasing pay packages, particularly given that it is likely to be one of the most affected by Brexit.
“As the dust settles on the recent election, we hope to see candidate appetite pick back up – especially given that there are some great opportunities out there in the industry right now.”
For more information visit www.cv-library.co.uk
