Industry Vacancies Fall By More Than A Third

Transport and storage vacancies were down by more than a third in the last quarter of 2023, compared to the same period in 2022, writes Carol Millett.

This puts the sector at the top of a league table of job vacancies across all major industries. The finding comes from research by Wealth of Geeks, which analysed the latest data from the Office of National Statistics on job vacancies between October 2022 and December 2022 and the same period in 2023.

It found that transport and storage vacancies were down by 36.5%, with information and communication vacancies ranking second at 29%. and arts and entertainment coming in third place, with job opportunities down by 27.7%

The report attributes the fall in vacancies in the transport and storage sector to economic pressures, including rising fuel costs, which has forced the sector to cut costs to stay in business. It noted that, from 2021, the industry has seen a decrease in businesses of 0.3%, equating to 9,000 fewer businesses.

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