RTTNews - The Monster Employment index for the UK, which measures online job availability in the country, rose 1% in June, after falling 2% in May, results of a survey by Monster Worldwide Inc. showed Tuesday. The index increased to 110 from 109 in the preceding month. On an annual basis, the index was down 38% in June.
While it seems that the worst of the downturn in hiring activity is behind us, the latest Monster Employment Index reading shows that the UK labor market remains in a lull, with further rises in unemployment to be expected over the summer, Hugo Sellert, head of economic research, at Monster Worldwide said.
With the economy still in contraction, it could take some time before companies start adding staff again, Sellert added.
In June, online job opportunities rose in education, health care and telecom sectors, while it dropped in entertainment, sports, construction, leisure and hospitality sectors.
Among the regions, London showed the biggest rise in online job availability. Further, job availability rose marginally in North England, the South West and Northern Ireland.
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