Story perspectives
UK Salaries Surge to £40,623 Amid Job Vacancy Decline
1/27/2025
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Story summary
- In December 2024, the average advertised salary in the UK exceeded £40,000, hitting £40,623, a 7.2% rise from the previous year.
- Job vacancies decreased by 4.0%, totaling 844,152, resulting in 2.05 job seekers per vacancy.
- Salary transparency fell, with 53.71% of employers withholding salary information.
- Vacancies increased in teaching and trade sectors, while retail and hospitality experienced notable declines.
