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Travel jobs market rebounds a month earlier than expected

Actvity in the travel jobs market rebounded in August after months of stagnation, new data reveals.

Candidate, vacancy and placement numbers were all up with pay for ‘standard’ jobs in the industry – paying up to £40,000 – rising to their second highest level.

The number of job placements jumped by 34% from July, while the number of  candidate numbers rose by 21% in the month – the biggest monthly increase since January.

The number of job seekers rose by 18% from August 2018 to create the first year-on-year increase in 15 months, according to the latest analysis by C&M Travel Recruitment and C&M Executive Recruitment.

The number of new vacancies increasing by 3% over the same month in 2018 – the first such rise since January. August also saw a 2% monthly increase from July.

While the average wage for a new job in travel dipped by 2.24% to £28,643, the rolling 12-month average remained up by 5.52%.

Salaries for standard travel roles increased by 1.62% per cent in the month to reach £25,883 – which stood behind only June 2018’s £26,099 as the second highest figure ever recorded by the company. The rolling 12-month average also rose 3.73%.

C&M director  Barbara Kolosinska said: “We hoped to see a big rebound in activity in September after the busy summer holiday period ends, but we’re delighted to see that it’s happened a month early – in August.

“Obviously we need to see this momentum continue into the autumn, but the number of candidates, vacancies and placements all increased last month which is the first time this has happened since January.

“Early signs point to us having a very positive September as well, and with more jobs being created, it means that there are now more exciting and well-paid opportunities to tempt new candidates over the next few months.”

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