Tag: adzuna

Search engines combine forces to accelerate Adzuna’s growth in the US

On Tuesday, 14 June, Adzuna announced their acquisition of the US job search engine Getwork.

The Getwork team, under the leadership of Brad Squibb, will be working alongside the Adzuna team, intending to accelerate Adzuna’s growth in North America.

Getwork links job seekers with vacant roles at North American companies by indexing millions of verified jobs daily directly from tens of thousands of employer career sites.

Adzuna, with headquarters in London, UK, Indianapolis, IN, and Sydney, AU, uses AI-powered technology to match people to jobs. The company has recently launched in Switzerland, Belgium, Spain, and Mexico. Their operations now cover 20 markets globally.

The two companies will operate as independent brands with their own established communities.

Doug Monro, CEO, and Co-founder of Adzuna, comments: “Adzuna acquiring Getwork will help us supercharge our growth in North America. The Getwork team’s stellar reputation for great service and delivery has led them to be trusted by an impressive roster of household name companies in the US. It’s also a great fit as their team and mission are so aligned with ours. The US enterprise market is crying out for strong alternatives to existing offerings and we’re looking forward to combining Adzuna’s marketing expertise, global footprint and programmatic job matching technology with Getwork’s deep industry knowledge and reputation to deliver even better for our customers. The US is the fastest-growing part of our business and this acquisition will accelerate our profitable growth trajectory.”

Brad Squibb, President of Getwork, comments: “Adzuna is a truly global business, operating across 20 countries, which creates an exciting opportunity for us to scale into new markets with the help of a brand that has already paved the way for international expansion. We can’t wait to join Doug and the team on this journey.”

 

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In-demand roles reflect the changing views of jobseekers 

According to the latest research from Adzuna, pet sitting is the most sought-after job in the UK, with other popular positions including aircraft cleaner, chauffeur and NHS call handler.

Adzuna reported that its analysis of more than 5,200 different job titles found that pet sitting had the most amount of interest, with the average salary being £24,210.

Other popular job adverts, based on the number of times they were looked at, included animal handler, animal groomer, and farm manager, the survey revealed.

Adzuna believes that the most in-demand roles for 2022 reflected the changing views of jobseekers since the pandemic.

They found that a total of 24 of the 30 most sought-after jobs offered lower pay than the current average advertised UK salary of £36,339.

Paul Lewis, from Adzuna, commented, “The most sought-after jobs in the UK are roles where workers are doing what they love or giving back to the community, rather than scoring high salaries. Animal jobs are proving particularly popular, with pet sitter roles the most clicked on job ads of the thousands of job roles on our site. Lockdown catalysed an increase in pet adoptions and it seems jobseekers are looking to get in on the act by taking on pet sitting jobs.”

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Despite the huge increase in job listings over the past few months, an even greater increase in the number of unemployed people has led to a sharp rise in the number of jobseekers per vacancy.

Analysis by online job search engine Adzuna and the Institute for Employment Studies found that despite the record number of vacancies advertised in June, on average the number of claimant unemployed per advertised role had risen to 2.2, up from 1.2 in March.

While the research found that there were more than a million jobs available in June, with more than 300,000 new vacancies advertised in the past week alone, it also pointed to a mismatch between the location and skills of jobseekers and the roles on offer.

Disparities between regions meant that in 30 locations there were more than 10 unemployed claimants chasing every vacancy, while in almost 100 areas there were more than five claimants for each job.

Ex-industrial, inner city and ‘Red Wall’ areas, where inequalities predated the pandemic, were found to be worst affected by imbalances in supply and demand.

Tony Wilson, Director of the Institute for Employment Studies, said: “Since the turn of the year we’ve gone from talking about an unemployment crisis to a recruitment crisis.  But the reality is that we’re facing a bit of both – with many firms struggling to fill jobs at the same time that more than two million people are struggling to find work. These problems are particularly acute in many of those areas that were faring worse before the crisis began and that are most in need of support as we come out of it.

“Government deserves credit for helping to avoid a jobs catastrophe last year.  But if we don’t act quickly now to help employers to fill jobs and the unemployed to take them up then we could be setting a timebomb for next year of labour shortages, higher inflation and long-term unemployment.”

Skills gap widening

This sentiment was echoed by Neil Carberry, Chief Executive of the Recruitment & Employment Confederation, which found in its latest JobsOutlook survey that business confidence in the UK economy had turned positive for the first time since June 2018.

“This surge in employers’ confidence in the UK economy is remarkable – an improvement of 61 percentage points from the previous quarter as restrictions were lifted and businesses started to open again. Positivity about hiring has steadily improved alongside that, and we are now seeing the highest levels of confidence for five years.

“However, we are seeing labour and skills shortages across the economy right now, which the pandemic has made worse. These could threaten to slow down the recovery if not addressed quickly. It’s vital that companies and governments come together and improve access to training and support for everyone who needs it, so that jobseekers are able to find work in those sectors that are growing.”

Part of the issue is that the pandemic has brought about enormous growth in some sectors, but led to a drop-off in others, meaning many of those out of work aren’t immediately suited to the roles on offer.

Adzuna’s analysis, using Office for National Statistics (ONS) figures, showed that while trade and construction jobs have doubled compared with March 2020 and logistics and warehousing and manufacturing vacancies have more than trebled, other sectors have been flat or seen little growth.

For example, accounting/finance, legal, energy, healthcare/nursing and graduate jobs had all seen growth of 4% or less, with graduate roles actually declining slightly since March 2020.

Andrew Hunter, co-founder of Adzuna, explained: “Many of the people currently out of work aren’t matching up to the jobs on offer, despite an acute talent shortage. This means many jobs are lying unfilled and accumulating, inflating overall hiring volumes.

“Upskilling and retraining will be crucial to ensure this talent flows where it’s needed. Wider moves to help people into jobs, including better childcare support and regular, flexible hours will play a part.”

The Adzuna/Institute for Employment Studies report called on the government to help employers and jobseekers by getting Jobcentre Plus back up and running and by offering funding for retraining in shortage sectors.

Photo courtesy of Canva.com

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