The updates in the UK employment scene must be interesting to those who are looking forward to work in UK. The labor market overview for February 2021 is the latest indicator for the developments in the UK employment scene. The facts revealed on observing the trends in the UK, especially in the backdrop of the COVID-19 pandemic, give the right direction with regard to what skilled foreign workers can look forward to.
Here are some major observations in the Labor Force Survey:
- Since February 2020, payroll employees have reduced by 726,000.
- Since February 2020, workers of the age group of 18 to 24 years had decreased the most in payroll employees.
- There was a continuous increase in the unemployment rate subsequent to the fall in employment rates.
- The number of job vacancies in the period from November 2020 to January 2021 was lower by 26% when compared with the status a year ago.
- Annual growth in the average pay of employees kept on strengthening.
- In January 2021, in comparison with December 2020, 83,000 more individuals were in payroll jobs.
- In January 2021, in comparison with February 2020, there were 726,000 lesser payroll employees.
- The UK employment rate was 75% in the 3 months to December 2020 which was 1.5% lesser than a year earlier and 0.3% lower than the previous quarter.
- The redundancy rate was 12.3 people for every 1,000 employees in the 3 months leading to December 2020.
- In January 2021, the claimant count rose to 2.6 million which included low-income workers or low-hour workers as well as those who weren’t working.
- From November 2020 to January 2021, the UK had 599,000 vacancies, which was 211,000 lesser than a year ago as well as 64,000 in excess of the previous quarter.
- The average total pay growth (along with bonuses) for the months from October 2020 to December 2020 rose to 4.7% and growth in regular pay (without bonuses) also rose to 4.1%.
The following skills will help you make a very handsome amount of money in 2021 in the UK:
- Digital marketing
- Digital Marketing Manager – £70,000 per annum
- Virtual Assistants – £7,500 per month
- Graphic designers skilled in Illustrator, Photoshop, and InDesign can charge from £200 to £500 per day as a freelancer.
- In the fintech industries, UX designers get salaries of up to £100,000 per annum in London.
- Those who are skilled in development, analytics, and data get salaries up to £150,000 per annum or £800 per day.
- Freelancers can make up to £400 a day.
- Senior copywriters could make up to £2,000 a day.
- Video filming & editing
- Experienced video editors could earn £500 a day.
Keep yourself updated on the status of jobs in the UK and find your opportunity to land a suitable job in the country.
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