Monthly Performance
Both jobs and applications dipped considerably in December compared to November, with jobs falling by 25% and applications 22%. However, a drop in activity is usual in the final month of the year as businesses, employees and candidates wind down for the Christmas break.
The average application per job figure remains the same as November, at 13.
IT & Internet has posted the largest numbers of jobs and received the highest percentage of applications for an incredible 8th consecutive month.
The most active weekday changed in December to Thursday for both jobs and applications.
Job Performance and applications per month
Jobs fell to the joint lowest they have been for the entirety of 2022, matching July’s shock low figures of 13% under the 2021 average. Applications were also incredibly low – at 8% above the 2021 average, application numbers were the lowest experienced in 2022.
However, a drop in job activity in December is a seasonal trend arising from an annual slow-down as we approach the end of the year. Many businesses close for at least part of the week between Christmas and the new year, employees take holiday, children are off school and candidates may also take a break from the job search. We should expect to see both job and application figures rise in January with the zeal of a new year so watch this space.
Industries with the most jobs and applications in December 2022
IT & Internet has yet again outperformed all other industries when it comes to jobs posted and applications received. The industry posted 21% of all jobs and received 23% of all applications – a huge amount more than even the industries posting and receiving the next highest numbers of jobs and applications.
Not much has changed from November in terms of the industries in the top 5 for jobs and applications or their percentage share. Education and Manufacturing remain relatively high for both jobs and applications. Health & Nursing and Public Sector & Services posted a high percentage of jobs but didn’t make it into the top 5 for applications, indicating candidate shortages. Conversely, Secretarial, PAs & Admin and Engineering received a high number of applications but with far less jobs.
Average application per job by industry
The two industries receiving the highest average number of applications per job – Finance at 24 and Accountancy at 20 – are both financial services sectors. In uncertain times – both economically and politically – job security zooms to the upper end of the priority list for candidates and financial services industries have a reputation for being relatively secure. Retail & Wholesale jobs, also high for average application per job, are popular in the busy festive period.
Health & Nursing again finds itself receiving the lowest average number of applications per job – just 2 in December. This may reflect the historic but growing fight for fair wages and support in the industry which saw nurses across the UK strike in December.
Not for Profit & Charities also received a low average number of applications per job – at 4, the industry received an average of 2 less than in November. Education and Property also received low numbers, as they did in November.
Perhaps unsurprisingly, Public Sector & Services, which was in the top 5 for jobs but didn’t make it into the top 5 for applications, also received a relatively low average number of applications per job.
Average application per job board
The 3 job boards receiving the highest average number of applications per job are all niche. At 20, IT specialist job board Jobserve received the highest average number of applications per job for the second consecutive month. Secretarial, PAs & Admin-focused board Secs in the City followed with an average of 17 and catering specialist Caterer.com received an average of 16 applications per job.
Totaljobs received the highest average number of applications of the generalist job boards at 13, followed at a distance by Reed.co.uk and CV Library, both at 5.
