UK Job Market in 2024-25

• The number of Job vacancies in the United Kingdom reached 2 million in 2024.
• Oxford, Milton Keynes, York, and Norwich are the top four cities with the highest job opportunities.
• Recent reports show that GDP increased by 0.7% in the UK in 2024.
• According to the Immigration Target 2024, the UK is planning to welcome 672,000 immigrants in 2024.

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Job Outlook in the UK

The United Kingdom has many job openings in several sectors across the country. According to the Labour Force Survey data, there has been an increase by 48,000 in pay-rolled employees in the UK, in January 2024. The country has lucrative opportunities for skilled immigrants willing to work and settle in the UK.

The employment rate in the UK shot up by 1.3% in 2024. By 2030, the rate of employment in the UK is expected to increase further by 3%. Among all the cities in the UK, Oxford claims to be at the top position for having an employment growth rate of 16.4%. Other cities with a high rate of employment include York, St. Albans, Milton Keynes, and Norwich.

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The factors that are affecting the UK Job Market are:

• Demand and supply of skilled labor
• Economic activity level
• Changing trends in the industry
• Demand for certain skill set
• Minimum wage policies
• Passive jobseekers

In-Demand Industries and Occupations in the UK

 The most in-demand occupations and their annual average salaries in the UK are listed below:

 

Occupations	Average Salaries per year
Engineering	£43,511
IT	£35,000
Marketing & Sales	£35,000
HR	£32,842
Healthcare	£27,993
Teachers	£35,100
Accountants	£33,713
Hospitality	£28,008
Nursing	£39,371

 Source: Talent Site

Read more…

Top In-demand Occupations in the UK

Workforce demands in different cities in the UK

The UK has a huge demand for skilled professionals across sectors and cities. However, the demand for specific job roles varies across different cities in the UK.

The top 10 cities with highest job opportunities are listed in the table below:

City	Average Salary	Employment Growth rate
Milton Keynes	£38,613	3.9%
Oxford	£36,692	16.4%
York	£32,533	2.9%
St. Albans	£46,551	5.3%
Norwich	£31,559	6.7%
Cambridge	£38,666	4.2%
Colchester	£34,694	-2.8%
Aberdeen	£32,239	-6.2%
Bristol	£34,215	8.7%
Coventry	£33.887	1%

 

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In-demand skills in the UK

 The top 5 in-demand skills for job seekers in the UK are:

Technology Skills

• DevOps
• AI
• Data Analytics
• Data Science
• Software Development
• Cloud computing
• Cybersecurity
• Project Management

Marketing Skills

• Content  Marketing
• Social Media Management
• E-mail Marketing
• Communication
• Copywriting
• Advertising

Finance and Accounting Skills

• Auditing
• Tax Computing
• Data Analysis
• Time Management
• Finance

Healthcare Skills

• Pharmacy
• Dentistry
• Physiotherapy
• Psychiatry
• Health Administration
• Healthcare Assistants

Leadership and Communication Skills

• Strategic Thinking
• Conflict Resolution
• Active listening

Importance of upskilling or reskilling for job seekers

Upskilling and reskilling help expand the earning potential and provide opportunities for career growth. By upskilling and reskilling, candidates can stay competitive in the job market and increase their chances of success in their career

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The trend of remote work in the UK

Recent data by the Office for National Statistics (ONS) has revealed that around 23% of the working population in the UK has a completely remote job. Around 44% of employees currently work in hybrid settings, whereas most of the working population still has work-from-office settings.

Remote work has become an increasingly in-demand alternative to regular office-based employment. People can now work from anywhere in the world because of technological advancements and workplace developments. This trend of remote work is becoming a much-preferred option in the UK.

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 UK Government Policies and Initiatives

The UK Government has several initiatives and policies directed towards facilitating the employment landscape in the UK. Employment growth trends are measured via the Labour Force Survey and the Claimant Count. The Labour Force Survey provides more accurate data regarding employment trends in the UK. The country also has a Youth Employment Taskforce that provides assistance in finding employment for the country's youth.

The Government of the UK offers the following employment benefits to employees:

• Post-retirement pension plans
• Holiday pay
• Life Insurance and Health Insurance Policies
• Overtime Pay
• Statutory Sick pay
• Maternity leaves
• Shared Parental leave
• Adoption pay and leave
• Statutory redundancy pay
• Employee Assistance Programs

Challenges and Opportunities for Job Seekers in the UK

 The most common challenges faced by job seekers are listed below:

• Confusing application processes
• Unclear job descriptions
• Long, drawn-out interview processes
• Finding suitable opportunities
• Fewer job vacancies in specific fields
• Lacking confidence
• Keeping resumes up-to-date

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Tips and strategies for navigating the UK job market successfully

Here are the top 5 tips to help you navigate the UK Job market:

• Network well with professionals in your industry 
• Seek assistance from recruiting agencies in the UK
• Keep your CV and resume up-to-date
• Follow the key industry trends
• Keep learning and upgrading your skills

Summary of UK Job Outlook

The Job market in the UK has reported recent developments in terms of employment and job vacancies. According to data from the Office for National Statistics, the UK has an increasing demand for skilled professionals in various in-demand sectors. The UK claimant count shot up to 1.583 million as of March 2024.

The top five in-demand sectors in the UK include IT and software, engineering, healthcare, accounting, and marketing and sales. The demand for skilled immigrants is the most in these sectors. Professionals with relevant skills and experience in these sectors can avail themselves of numerous opportunities to advance their careers in the UK.

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S.NO	Country	URL
1	UK	www.y-axis.com/job-outlook/uk/
2	USA	www.y-axis.com/job-outlook/usa/
3	Australia	www.y-axis.com/job-outlook/australia/
4	Canada	www.y-axis.com/job-outlook/canada/
5	UAE	www.y-axis.com/job-outlook/uae/
6	Germany	www.y-axis.com/job-outlook/germany/
7	Portugal	www.y-axis.com/job-outlook/portugal/
8	Sweden	www.y-axis.com/job-outlook/sweden/
9	Italy	www.y-axis.com/job-outlook/italy/
10	Finland	www.y-axis.com/job-outlook/finland/
11	Ireland	www.y-axis.com/job-outlook/ireland/
12	Poland	www.y-axis.com/job-outlook/poland/
13	Norway	www.y-axis.com/job-outlook/norway/
14	Japan	www.y-axis.com/job-outlook/japan/
15	France	www.y-axis.com/job-outlook/france/