Jobs outlook in UK for 2023

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 person. In 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 3^rd 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.

• Skilled Worker visa
• UK Tier 2 General visa
• Health and Care Worker visa
• Senior or Specialist Worker visa (Global Business Mobility)
• Scale-up Worker visa
• International Sportsperson visa

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 IELTS, CELPIP, 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.

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