The latest jobs indicator released by Internet Association shows a large increase in the number of full time and part time job postings online as the UK economy continues its recovery from the Coronavirus pandemic.
The new data shows that over 250,000 full-time jobs were posted online in March 2021 – a 112 percent increase on March 2020. That figure also represents a 21 percent increase since February 2021, following a 5.9 percent rise since January 2021 – pointing to accelerating growth in the full-time jobs market.
There is also encouraging news for part-time work revealed by the new data. While January 2021 saw a 10 percent decrease in part-time online job postings, February 2021 saw a 12.2 percent increase, and March 2021 saw a 4 percent increase.
The positive increase points to the likely preparation ahead of the recent reopening of non-essential retail, hospitality and other sectors that are reliant on part-time work.
Key findings from IA’s ‘Industry Indicators: Jobs (3i Jobs) Q1 2021 Report’:
- The number of full time jobs being posted online are at their highest for over a year. And despite the sharp fall during the height of the pandemic, the number of postings online in March 2021 is 112 percent higher than March 2020.
- The part-time job market is beginning to recover – albeit slower than the full-time market. March 2021 saw a 4 percent increase in online job postings, following a 12.2 percent increase in February 2021. The number of jobs posted in March 2021 also represents a 37 percent increase on March 2020.
- A fifth of UK adults (21 percent) now use the internet to earn money online – with the most common amounts being around £10-20 per month, through to over £100 a month. This rate has remained stable throughout the year, suggesting that people are beginning to use the increased flexibility of home working to earn additional income online.
- The top postings for full time positions in March 2021 were Sales Assistant, Retail Sales Associates and Client Advisors. The top postings for part time positions were Crew Members, Cashiers and Sales Advisors – again pointing to the big employment boost expected from the reopening of retail last week.
The new data, part of IA’s ‘3i Report’ series, presents monthly insights on the UK job market using data from national and internet-based resources.
The report tracks month to month trends in the online job market and presents unique information on hiring, openings and an online income tracker that identifies the amount of additional income being made by people online through, for example, selling products on platforms like Etsy or Ebay.
The tracker shows that over a fifth of UK adults are using the internet to earn money online, with 9 percent of those earning more than £100 a month online.
The report also highlights how the internet is a vital tool to help people find work and create income in a variety of ways – with the latest update a cause for optimism for the UK full-time and part time jobs market.
It shows rapid growth in online job postings after a difficult period during the height of the coronavirus pandemic, and a stabilising rate of people earning money online.
To read the full report, click here