London is lagging behind the regions in generating new job vacancies, fresh research from Robert Walters shows.
The research draws on figures from the Robert Walters UK Jobs Index, which tracks the number of vacancies posted to leading job boards and websites.
Midlands and North West expanding fastest
While year-on-year vacancies rose by only 4% across the capital, the Index shows that volumes jumped by 13% in the Midlands. Employers in the North West, meanwhile, contributed to a 5% rise in advertised jobs.
"The intensity of job vacancy growth in the Midlands and North West reflects a high degree of confidence in the value of moving or establishing business operations in these regions," notes Chris Poole, Managing Director - UK regions.
"Given the strength of the local talent base and high quality transport links, we expect to see this trend continue into 2015." The intensity of job vacancy growth in the Midlands and North West reflects a high degree of confidence in the value of moving or establishing business operations in these regions.
Professions in demand
The greatest spike in demand has been for supply chain and procurement professionals, with vacancies up by 50% since the end of September 2013.
Vacancies in legal and marketing have surged by a fifth, fuelled by a surge in deal-making activity and a renewed enthusiasm for bringing products and services to market.
Employers advised to look further afield
In some areas, a shortage of individuals with the right skills and experience will inevitably lead to upward pressure on salaries.
However, Chris Poole points out that there are other ways of recruiting talented professionals. "Many individuals are prepared to widen their job search to other parts of the country or even internationally, so our advice to employers is to respond in kind, tapping into new and existing networks to source candidates from further afield.”
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