One of the UK’s largest employment agencies has revealed that estate agency roles increased on its website increased by 43% during June when compared to the month before.
Reed says the property industry is one of the four ‘green shoots’ areas of the jobs market at the moment despite gloomy news from others such as hospitality and retail.
The others three where there have marked increases in roles being advertised by Reed include financial services, health, and education according to Reed’s chairman James Reed.
Referring to ONS figures published this week that show 649,000 people left payrolls during the lockdown, Reed says: “[These] employment statistics paint a bleak picture of how lockdown has affected the UK’s economy. Even with the government’s recently announced measures to support ‘jobs, jobs, jobs’, the labour market is on a knife edge. The risk of mass unemployment remains high.
“Hopes of a V-shaped recovery were dashed earlier this week by May’s disappointing GDP figures.
“Now the ONS unemployment statistics suggest the UK’s economic trajectory could look more like a game of snakes and ladders. It’s clear that the road to recovery will be long and that there’ll be lots more ups and downs along the way.
“Nevertheless, green shoots are beginning to appear in different sectors of the jobs market.
“There is no doubt the government has been generous in its job support packages. As we move towards the next phase of economic recovery there needs to be further measures brought in beyond the Chancellor’s summer statement to help speed up jobs growth and protect livelihoods.”