AllTheTopBananas.com Reveal The UK Jobs Market Is Off To A Slow Start

Online, February 16, 2010 (Newswire.com) - New job data analysed for the site's leading job advertisers for December showed a 22% decline in job availability when compared with November 2009. The results for January provide a similarly sluggish outlook, with job availability increasing only slightly by 19% since December.

The end of January saw the UK officially emerge from recession, although the growth that the economy achieved was far below expectations, suggesting that there may be a long way to go before the economy and the jobs market significantly recovers. An article on the BBC news website yesterday [February 15th] suggests that the recruitment industry may well be in for a tough time ahead, as public sector job cuts are expected in the coming months.

AllTheTopBananas.com have been analysing job data and salary indexes since 2008 and have monitored the changes in job count data throughout the recession. Although the new decade has not thus far provided a major influx in job availability, industry experts are still confident that 2010 will see a significant improvement within the jobs market.

Dave Martin, MD for AllTheTopBananas.com said: "The job statistics for the fourth quarter of 2009 heralded very positive results for the jobs market; with October in particular being a very strong month in terms of available jobs. While the Christmas period experienced a welcome boost to the number of jobs available, we have seen January struggle to keep up the pace, taking off to a relatively slow start. Overall the job count for January is 30% behind that of a year previously; however the UK weather conditions have affected all business operations during the early part of the year which affects any year on year comparison. It suggests a positive but slow return to form, which we will continue to monitor on a monthly basis."

AllTheTopBananas will continue to provide monthly figures on job availability throughout the year. Along with their research, the jobs search engine will be launching the first public beta testing of their brand new site changes at TruLondon's recruitment unconference in London on the 18th of February. The site changes being unveiled will focus on refining their search technology; including a similar jobs matching service, which uses AllTheTopBananas' job title conversion technology to enhance relevancy of the jobs displayed. Other site changes include using icons to display relevant job data to the jobseeker, by using a system which picks out key phrases from the job description.