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Posted on January 24 2023

Jobs outlook in UK for 2023

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By  Editor
Updated March 07 2024

How is UK Job Market in 2023?

  • 10.4 Million+ Job vacancies in the UK
  • London, Manchester, Edinburgh, and Cambridge cities have the highest number of job vacancies
  • UK GDP annual growth is 7.4%
  • The unemployment rate is expected to be 4.1% in 2023.
  • 48 hours of working for foreign immigrants.
  • UK to issue more than 151,000 work visas
  • Indian young professionals to get 3,000 work visas
  • The UK increased the immigration level from 500,000 immigrants.

Watch the video: Job Outlook in UK for 2023

 

Job outlook in UK, 2023

The United Kingdom has vast openings in various sectors across its counties. Around 13 Million job vacancies are empty by the end of the year. The current unemployment rate is 3.7% as of November 2022 end.

 

The counties London, Manchester, Edinburgh, Reading, Bristol and Bath, Birmingham, and Brighton have high vacancies in various sectors like IT, Healthcare, Manufacturing, Hospitality, Finance & Accounting, etc.

 

More than 500,000 foreign immigrants migrated to the UK by June 2022. The UK has processed 277,000 study visas and 151,000 work visas for immigrants worldwide. The country has increased its immigration allocation to allocate empty job vacancies to foreign immigrants.

 

To attract more foreign immigrants, UK Prime Minister Rishi Sunak has relaxed some of the immigration policies for the UK. Apart from this, he has announced 3000 visas for outstanding young Indian professionals per year under UK-India Young Professionals Scheme. This Scheme allows Indian graduates between 18 to 30 years of age to live and work in the UK for two years.

 

The UK is the best place for working in its co-working spaces and benefits of well-being. There are various occupations in the UK that have massive staffing shortages. Some of them are listed below:

 

*Willing to know the topmost in demand occupations in UK? Click here….

Read more…

UK immigration numbers crossed 500,000 in June 2022

‘UK-India Young Professionals Scheme to offer 3,000 visas/year’ by Rishi Sunak

 

IT (Information Technology)

Information Technology is one leading industry that offers huge jobs for many people. As the employers could not fill these jobs with skilled workers, the UK is looking for skilled foreign immigrants. The country has more than 2 million empty Technology jobs.

 

A Tech individual in the UK can earn nearly 80% more salary than a non-tech job in the UK. On average, a foreign immigrant can earn around £34,940 per month as an IT professional.

 

There are various roles that an individual can perform as an IT professional and can earn a competitive salary.

 

Different roles as IT professional Annual wages on an average in pounds
IT Manager 50,000
Network Manager 45,000
Systems Engineer 44,012
Project Engineer 41,043
Design Engineer 40,000
Engineer 38,501
Security Engineer 37,000
Field Service Engineer 31,000
Field Engineer 30,344
IT Analyst 30,000

 

Sales & Marketing:   

The UK has a shortfall of Sales and marketing professionals; hence the country is searching to hire skilled foreign immigrants. There is a surge in demand for Sales and Marketing professionals in the UK.

 

Nearly 1M job vacancies in these professions. Earn around £35,000 as a Sales or Marketing personIn Sales and Marketing, there are various other career paths, and some levels of responsibilities & roles are associated with these occupations.

 

A good salesperson or marketing person will never be short of good job prospects. A Sales and Marketing professional can earn a competitive salary with different roles. Check the table below:

 

Different roles in Sales and Marketing profession Annual wages on an average in pounds
Director 67,500
Market Manager 44,962
Business Development Manager 41,803
Manager 40,000
Sales Manager 40,000
Sales 31,633
Sales Consultant 30,168
Sales Executive 30,000
Team Leader 28,962
Supervisor 28,055

 

Finance & Accounting:

Finance and Accounting are two different occupations many times based on the role assigned. These two are highly skilled and highly disciplined fields. Currently, these sectors are hitting problems as the number of candidates for each job is falling dramatically, which indicates an increase in a skills shortage.

 

Individuals can perform different roles in Finance and Accounting and earn good wages on average. On average, finance and Accounting professionals can earn up to £39,152 per year. Check the table below for the professions.

 

Different roles in Finance and Accounting profession Annual wages on an average in pounds
Finance Manager 46,399
Analyst 37,468
Lecturer 37,056
Teacher 34,468
Account Manager 33,667
Instructor 28,316
Assistant Manager 28,053
Advisor 27,544
Account Executive 27,500
Service Assistant 23,000

 

Healthcare:

Healthcare is one of the most significant sectors in the UK. Around 9.9% of the United Kingdom’s GDP is accounted for the Healthcare industry. Currently, the UK has many Healthcare related opportunities to fill. As there are no PRs or Citizens are there to fill these jobs. The UK is recruiting skilled foreign immigrants.

 

On average, a Healthcare professional can earn £27,994. The different roles that a Healthcare professional can do and earn good salaries are listed in the following table.

 

Different roles in Healthcare profession Annual wages on an average in pounds
Program Manager 57,500
Business Analyst 43,797
Clinical Manager 43,182
Health Manager 42,150
Nurse Manager 40,000
Technical Analyst 40,000
Business Consultant 37,430
IT Analyst 30,000
Office Manager 30,000
Health Care Assistant 23,400

 

Hospitality:

 UK’s economy is mostly based on services industries. Hospitality industry is one of them. Hospitality sector is one of the 3rd largest industry that provides opportunities for the aspiring professionals.

 

Currently around 3 lakh vacancies are empty in UK Hospitality industry and there are no Citizens left to work in these jobs, UK is hiring foreign skilled immigrants to take up these jobs. On an average a hospitality professional can earn up to £28,476 per year.

 

The various roles and their wages per year is listed in the table below:

 

Different roles in Hospitality profession Annual wages on an average in pounds
Operations Manager 45,000
General Manager 38,998
Food Manager 34,000
Restaurant Manager 29,000
Kitchen Manager 28,673
Assistant Manager 28,053
Housekeeper 24,000
Host 23,400
Housekeeping 23,004
Cleaner 21,860

 

Apply for a UK work visa

Step 1: Check your eligibility: Before applying for a work visa in the UK, one can check their eligibility for free with Y-Axis UK immigration points calculator. IT will give you a clear idea about eligibility for a UK work visa, and then you can choose the correct work visa.

 

Step 2: Choose your work visa: When you get 70 points on the UK immigration points calculator, you can choose a work visa that suits your profile. Following are some of the work visas for the UK.

Step 3: Get your qualifications recognized: After choosing a work visa, gather all the education qualification documents and get them recognized. This step is called Educational Credential Assessment (ECA).

 

Step 4: Arrange the checklist of requirements: Check out the mandatory documents to submit for obtaining the work visa and gather all of them.

 

Step 5: Apply for UK Work Visa: Now that you have made everything ready, apply for a UK work visa by paying the work visa fees.

 

Also read…

 Planning to visit UK! Get visa in 15 days. Apply now!

A new India visa application center in the UK; A host of visa services offered

Cabinet approves MoU on recognition of academic qualifications between India & UK

 

How can Y-Axis assist you?

Y-Axis, the best route to get work in United Kingdom

Our exemplary services are:

Eligibility check: You can check your eligibility for free through the Y-Axis UK Immigration Points Calculator

Coaching Services: Y-Axis provides coaching services for language proficiency tests which include IELTSCELPIP, and PTE

Career-Ready Program: An initiative by Y-Axis that helps you to choose a right job with free career-ready program.

Counselling: Y-Axis provides free career counselling services

Job services: Avail job search services to find right job in the UK.

 

Willing to migrate to UK? Talk to Y-Axis, the world’s no#1 overseas immigration consultant.

Found this article interesting? Read more…

How can I get job in UK in 2023?

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