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Economy

Retail job postings falter as sector partially reopens

Despite this, the leisure and tourism, catering, hospitality and retail sectors all enjoyed an increase in job postings

The number of job postings in the retail sector fell by –6.9% in the week the industry was allowed to re-open, according to the latest data from CV-Library.

However, CV Library revealed this is still the second highest weekly level since 19 October 2020 and up 35.6% on the 2021 weekly average.

As expected in the week restrictions were lifted, it found that the leisure and tourism, catering, hospitality and retail sectors all enjoyed an increase in job postings, with the volume of adverts increasing by 102%, 99.7%, 45.9% and 35.6% above the weekly average, respectively.

Lee Biggins, CEO and founder of CV-Library, said: “This slight drop in retail vacancies isn’t cause for concern. The overall trend in the sector shows vacancies increasing since the start of 2021. This simply indicates that many retailers we pre-empting the need for staff, before restrictions were actually lifted.

“With two weeks of the best weekly job postings in over 6 months, these results show that employers are investing in their staff and feel confident the UK economy will continue to bounce back throughout 2021.”

He added: “This is great news for job seekers in the retail industry as there are plenty of new opportunities on the market and, according to our quarterly job market data, the competition for these roles is lessening.”

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