Property bucks the trend with job vacancies up 75%, leading recruiter reports

‘It’s definitely not happening here’ was the message from a leading property sector recruiter after figures showed a sharp drop in job vacancies.

Anthony Hesse, MD, Property Personnel

Anthony Hesse, MD of leading recruitment firm Property Personnel, says there is a 75% increase in jobs registered with his firm this year.

And he also says that as the housing market picked up since January so have the number of positions being advertised.

Fastest rate

The figures from KPMG and the Recruitment and Employment Confederation (REC) covering all industries, show that vacancies are falling at the fastest rate in three years.

Employers are delaying or freezing their hiring amid the economic uncertainty, the Daily Telegraph reports.

The number of temporary job vacancies also dropped slightly for the first time since August 2020.

The figures are definitely not being mirrored in the property sector.”

But Hesse says: “The figures are definitely not being mirrored in the property sector.”

As members of the REC, Property Personnel sends its figures every four weeks to help them create a monthly ‘UK Report on Jobs’.

75% up

“I’ve just taken a look at the number of new jobs registered with us so far in Q1 2024 compared with the same period for 2023, and we are about 75% up this year so far!”, Hesse says.

“This is almost certainly a knock-on effect following the significant increase in activity levels in the residential property market since the start of the year.”