vacancy


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Vacancy

A job that has not been filled. A job vacancy may occur when an employee quits or is terminated or when a company creates a new position. A large number of job vacancies in an area may indicate that unemployment is about to decline or that workers have sufficient job security to hold out for higher wages or other benefits. Alternatively, vacancies may indicate that the workforce is poorly trained for what needs to be done. See also: Help-Wanted Index.
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vacancy

a JOB position offered by an employer that currently remains unfilled. Employers may seek to fill a vacant job position by REDEPLOYMENT of existing staff within their own firms or other organizations or may seek to take on new staff by advertising job positions in local and national newspapers, by using a private RECRUITMENT AGENCY or by accessing the government's network of JOB CENTRES.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
NHS Digital said that the actual number of empty posts may be higher than the number of advertised vacancies, as one vacancy advert can be used to fill multiple vacancies.
For the end of the second quarter of 2018, the Village's vacancy rate for the business park was 2.64%, which is lower than the overall vacancy rate for the O'Hare Market of 3.03%.
The vacancy rate was the highest, 2.85 percent, in the sector of accommodation and food services, and the lowest, 0.04 percent, in the sectors of public administration and defense and mandatory social insurance.
From the market's (and prospective tenant's) perspective, however, zero vacancy is a highly negative condition that prevents satisfying both tenant relocation and new demand.
While not a steady upward trend (vacancy declined slightly earlier this year), vacancy continues to generally inch higher as construction outpaces net absorption.
The job vacancy rate was highest, 2.41 percent, in section R-Arts, entertainment and recreation, while the lowest rate was registered in the section D-Electricity, gas, steam and air conditioning supply, 0.12 percent.
Muscat: The Ministry of Civil Service has announced that preliminary data for vacancy announcement issued by the ministry on February 28, this year for 2,317 vacancies in different ministries shows the number of applicants has exceeded 45,000.
The DGBAS conducts two job vacancy surveys in February and August per year to better know domestic demand for labor force.
"Vacancy rates slowly improved and absorption, while positive, was off considerably from the second quarter.
The most recent four quarters of data on office space vacancy show that the national vacancy rate has stopped climbing and has ticked down from 17.8 to 17.4 percent.
If a trust does not 'actively' recruit for a post then they do not declare it vacant and it isn't counted in the vacancy data."
The industrial sector ended the year at the same 9.4 percent vacancy rate it began with, and the office sector's vacancy rate fell 10 basis points to 12.5 percent, noted TWR.