Rise and shine

Demand for new engineers has bucked national downwards trends by rising month on month in September as well as – more dramatically - year on year.

Demand for new engineers has bucked national downwards trends by rising month on month in September as well as – more dramatically - year on year.

New UK figures just released show that the number of new engineering jobs on offer has risen five times faster year on year than the all sector average, according to the latest figures from the Reed Job Index, the national report compiled by UK recruitment site reed.co.uk.

Year on year demand for new engineers is 88% higher now than it was in September 2010, when the Reed Engineering Job Index had fallen back to 84. While demand across other staffing sectors has also risen, the year on year increase for the general Reed Job Index is a much lower 16%.

Month on month the Reed Engineering Job Index rose in September compared to August by one point (1%) to read 166. This is in direct contrast to the average month on month trend, which saw the Reed Job Index fall one point in September, to read 121.

Each month the Reed Job Index tracks the number of new job opportunities and the salaries on offer compared to the previous month and against a baseline of 100 set in December 2009. The Index is based on data compiled by the Reed from its website which every day carries over 100,000 job opportunities from 9,000 recruiters across 37 career sectors across the UK – including more than 6,000 engineering job opportunities.

The latest figures show that salaries on offer for new engineers remain stable, as the Reed Engineering Salary Index stayed level at 93 in September. This means that salaries for new engineering jobs are 7% lower than they were in December 2009 when the Index began. This is in line with general trends which have seen salaries lag behind inflation across the board.

Martin Warnes, managing director of reed.co.uk, commented: “Demand for new engineers continues to rise, bucking the trend which has seen overall job demand slip back in other areas at the moment.
“This could be a sign of the much sought rebalancing of the UK economy towards industry and high quality production. Employers are confident enough to invest in the recruitment of new engineering staff, which is a leading indicator of potential future growth in the sector.”

Reed
www.reed.co.uk  

Most recent Articles

Renishaw highlights career pathways in engineering

There is not one singular blueprint that can lead to a career in the engineering industry. It offers a variety of roles, open to people from diverse backgrounds. To highlight the diversity of skills and experiences in engineering, global engineering technologies company, Renishaw, has created the ‘Employee perspectives’ series.
1 day ago News

Login / Sign up