The continued decline in vacancies is a trend that is perhaps to be expected, however, the fact that these levels have fallen below the one million mark for the first time since July 2021 is more significant. This shows that the jobs market is continuing to stabilise, rather than decline on a worrying level. In fact, the latest quarterly comparisons of growth from January to March 2020 show that the demand for staff is still up in skill-short sectors including education, human health & social work and professional scientific & technical services.