Published on March 24th, 2021 | by The GC Team0
Job listings rise as retailers gear up for reopening
Non-essential retailers have been preparing to reopen for weeks, with confidence in the lifting of the third lockdown reflected in the number job vacancies advertised since the start of February.
While the opening date of 12th April for non-essential stores was only announced by Boris Johnson on 22nd February, proactive retailers pre-empted the PM’s move and have been “gearing up for several weeks”, according to the latest job market data from independent job board CV-Library.
The number of job postings saw five consecutive weeks of growth, increasing every week since the start of February.
In the last 7 days alone, job postings in the retail and purchasing industry were up by 29.8%. When compared to the 2021 weekly average, postings for the week commencing 15th March rose 51.2%.
Yesterday (23rd March) the Office for National Statistics reported that 693,000 fewer people were in payrolled employment in February 2021, compared with February 2020, 123,000 of whom worked in the wholesale and retail trade sector. But the good news is that 68,000 more people were in payrolled employment in February this year compared to January, representing the third consecutive monthly increase.
At this point we should say that many retail jobs have been saved by the Government’s furlough scheme, which is now providing support for 600,000 retail workers, according to the British Retail Consortium, a figure which has risen by 200,000 since December.
Lee Biggins, founder and CEO of CV-Library, predicts that, providing a third wave of the virus is kept at bay, significant increases in job numbers will continue well into summer, until retailers can gauge consumer spending patterns after a year living with the global pandemic.
“For many, this latest lockdown has been the hardest yet and a desire to return to the high street is stronger than ever,” Biggins maintains.
“Non-essential retailers are clearly hopeful that they’ll be able to open their doors on the 12th April and are recruiting staff to make this transition happen as smoothly and successfully as possible.”