{"id":7456,"date":"2021-09-14T13:35:17","date_gmt":"2021-09-14T13:35:17","guid":{"rendered":"https:\/\/www.mouthymoney.co.uk\/?p=7456"},"modified":"2025-03-03T10:28:31","modified_gmt":"2025-03-03T10:28:31","slug":"one-million-jobs-to-fill-but-are-they-the-wrong-kind-of-jobs","status":"publish","type":"post","link":"https:\/\/www.mouthymoney.co.uk\/budgeting\/one-million-jobs-to-fill-but-are-they-the-wrong-kind-of-jobs\/","title":{"rendered":"One million jobs to fill but are they the \u2018wrong\u2019 kind of jobs?"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

A record of over one million job vacancies have gone unfilled in the UK in the three months leading to August, according to the Office for National Statistics (ONS).<\/strong><\/p>\n\n\n\n

Job vacancies have reached over one million for the first time since 2001, and unemployment fell to 4.6% in the three months to July.<\/p>\n\n\n\n

The wrong kind of jobs?<\/strong><\/h3>\n\n\n\n

The jobs boom continued in August, with payroll employment up by 241,000 on the month to match pre-pandemic levels, according to data from HM Revenue & Customs (HMRC).<\/p>\n\n\n\n

But Sarah Coles, personal finance analyst, Hargreaves Lansdown says that the jobs feeding into the market might be the \u2018wrong\u2019 kind of jobs, with a lack of workers to match with them<\/p>\n\n\n\n

\u201cThere are over a million job vacancies washing around the UK, which sounds like exactly the right time to be coming off furlough and plunging back into the jobs market,\u201d she says.<\/p>\n\n\n\n

\u201cThe trouble is that they\u2019re the wrong jobs, which spells trouble for both jobseekers and businesses.<\/p>\n\n\n\n

\u201cFor these job hunters, it\u2019s going to come as no comfort to learn that there are still actually fewer jobs in the economy than there were back in December 2019: this isn\u2019t a boom time for jobs it\u2019s a shortage of people to do them.\u201d<\/p>\n\n\n\n

Staff shortages<\/strong><\/h3>\n\n\n\n

The ONS said the employment rate rose to 75.2%. However, Coles adds that the industry with most vacancies, with 75.4% to 57,600 jobs, was the accommodation and food sector.<\/p>\n\n\n\n

She says: \u201cPart of the problem with both is that the usual employees don\u2019t want to work there anymore, and there aren\u2019t enormous numbers of jobs seekers with the skills or the inclination to take the work on.\u201d<\/p>\n\n\n\n

Staff shortages can be seen:<\/p>\n\n\n\n