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Competition For Jobs Falls To Four-Year Low

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http://www.telegraph.co.uk/finance/jobs/10207696/Competition-for-jobs-falls-to-four-year-low.html

Last month, there were 2.9 jobseekers for every vacancy, the lowest for more than four years, while the number of jobs on offer was up 2.5pc over the year to 504,913. Manufacturing emerged as the sector recording the biggest improvement, with jobs on offer up more than 6pc since December.

Despite a narrowing in the north-south divide, the data from Adzuna, the search engine, taken from jobs advertised online, show London and the South East account for 46pc of the openings on offer, compared with just 3.3pc in the North East and 1.7pc in Wales.

Six of the 10 areas with the lowest ratio of jobseekers to advertised vacancies were in the South East. Oxford, Reading, Winchester and Guildford led the way, with less than one jobseeker for each vacancy.

Advertised salaries were down 2.1pc to £33,414, a drop of £1,670 in real terms, but in London they were 25pc higher than the national average, at £41,795.

Great news for Landlords they can push up London rents even higher.

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I'm pretty sure nobody wants to work in London" :ph34r:

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