A sustained salary squeeze is the dark cloud lingering over a brightening UK jobs market, the head of research at search engine Adzuna has said, after it revealed competition for jobs has eased. Flora Lowther said:
Competition for vacancies is easing, there are more jobs available, and the north-south divide is showing signs of narrowing.
But salaries have fallen sharply in real terms. They haven't kept pace with the relentless march of inflation, which is a major reason why the economic recovery hasn't been more dynamic.
Competition for jobs has eased, but more than 70 people are still chasing every vacancy in parts of the country, according to a new report.
A study by jobs search engine Adzuna found huge regional differences, with 72 jobseekers for every vacancy in Salford, compared with fewer than one in Aberdeen, Cambridge, Guildford and Winchester.
Nine of the top 10 hardest places to find a job last month were in the north, led by Salford, Sunderland and Hull, although competition for work has fallen in Manchester and Newcastle in the past six months.