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Automotive is a top industry for job opportunities and rising salaries – CV Library Q3 Job Market ReportBack

Data revealed by CV Library confirmed that the automotive industry was one of UK top sectors for job growth and rise in salaries in the second quarter of 2017. Despite economic uncertainty, the report showed that business confidence is still high as organisations’ hiring plans remain positive and salaries continue to increase.

Businesses were optimistic about their hiring plans in Q3, with the UK witnessing a 12.2% increase in advertised job vacancies year-on-year. Alongside falling unemployment rates, many sectors, including automotive, saw a ‘job boom’ both year-on-year and quarter-on-quarter. In particular, the automotive sector experienced a significant increase of 18.8% in advertised vacancies.

Encouragingly, automotive is one of the top industries for rising salaries. “Organisations across the UK are working hard to offer the most competitive packages in order to attract candidates into their businesses, and to keep driving the workforce forward”, says CV Library.

As AM Online reported CV-Library’s founder and managing director Lee Biggins said: “It’s great to see that employers in the automotive sector are remaining positive in the face of uncertainty, and that they continued to drive their recruitment efforts in the last quarter.

“This is particularly good news for job hunters and anyone who may be looking for their next role. If you’re starting to get itchy feet and feel like it could be time to make your next career move, there are an abundance of great opportunities in this industry right now.

“It’s clear from the data that not only are businesses in the automotive industry continuing to invest in their workforce, but they also recognise the need to offer competitive salaries in order to attract talented candidates.

“If you are looking for a new role, this further confirms that now is the perfect time to do so, especially if you’re looking to boost your pay packet!”.

Posted by Sue Robinson on 27/10/2017