Area focus: Wales pt. 2
Part 1 of this area focus was based on the challenging, but generally upbeat state of the Wales region in comparison with the rest of the UK. We found that although unemployment had increased slightly in the past year, and there had been some significant job losses, new opportunities were also being created.
The Office of National Statistics reveals that like some of the other regions in the UK, the amount of people claiming Jobseeker’s Allowance had dropped, in this case by 8.2% to 71,600 (all people aged over 16).
For the whole of the UK, the percentage of the population seeking JSA (latest figures from July 2013) is 4.3%, which is down 0.1%. For Wales, it is at 5%, although this figure is also down 0.1%.
Sector movement in Wales
There have been some dramatic shifts in Wales over the past twelve months. Jobs in the transport sector have increased by 84.9% year-on-year, with the number of applications also up by 31.7%.
Another big mover is Accountancy which saw an upward shift of 125% in jobs, with a 46.8% rise in applications.
Graduate jobs, typically sought after, continue to rise with a 66.3% rise in the number of jobs. The number of applications also rose highly, at 66.7%. In the first quarter of 2013 there were 7368 applications for 564 jobs, while in the second quarter, 10,141 applied for just 662 jobs suggesting that the newly qualified may struggle to find work in this area.
Meanwhile, in the Not for Profit and Charity sector, there was a 44.8% rise in the number of jobs, but the good news is that the number of applications actually dropped by 17.4% year-on-year. In the first quarter of 2013, 1726 applied for 110 jobs, while 2927 applied for 152 jobs in the second quarter.
Customer Service and Retail continue to be the jobs with the most applications per role. Customer Service jobs were up by 60%, but applications were only up by 2.7%. Retail meanwhile saw an increase of 43.6%, with a slight drop of 6.6% drop in applications. That still equates to 50,678 applications for just 1368 customer service jobs, or 47,692 applications for 1388 retail jobs.
Other big increasers were Construction, up 62.9% year on year and Education, up 61.4% over the same period. Although the number of jobs in the banking sector rose by 15.1%, the number of applications was actually down by around 42.8% making those jobs easier to come by.
Sectors that saw a decrease in jobs include the oil, gas and alternative energy market which saw jobs down by 29.7% and applications down by 20%. The next biggest drop was in the legal sector, with a fall of 27.4% in jobs, and 40.2% drop in applications. The number of media jobs was also down, but only by 5.2%, while applications were also down by 26.4% making it slightly easier on those applying.