Regional vacancy activity grows
Research published in August by the Resolution Foundation found that interregional work-related mobility is shrinking in the UK. Combined with the increasing regionalisation in various sectors that we explored in other insights, this leads to the assumption that more roles are being filled using locally sourced talent as opposed to relocated staff. From the job seekers’ perspective, this essentially means they can find more jobs suited to their qualifications and expectations in their vicinity than a few decades ago.
Vacancy Data in Q3 2017 – Overview
In April 2017, Vacancysoft released an overview of the first quarter, laying out what to expect in the following quarters based on activity in the professional vacancy market. Now that Q3 is over, how have those predictions reflected reality, and what new developments arose that affect forecasts?
Will the accounting sector come out a winner?
Accountancy and legal services in the UK make up close to a quarter of all staff employed in the EU in these sectors and correspond to over £15bn of tax income for the UK government – the equivalent of Britain’s police force budget.
The Regionalisation of Financial Services in the UK
Last month TheCityUK and PWC released a report titled ‘A vision for a transformed, world-leading industry’. The report outlines a scenario in which the GVA of the UK’s Financial Services industry grows by 9% by 2025 from its current size, primarily by maintaining industry competitiveness nationally and internationally, and by emphasizing innovation in FinServ and FinTech while factoring in the challenges posed by Brexit.
A review of UK Tech recruitment
The Tech job market in the UK is vibrant, with constant development in areas such as Big Data, AI, and Cybersecurity leading to projected growth of 18.5% in London-based Tech jobs over the next ten years. So far in 2017 the Tech job market has outperformed the corresponding period from 2016 by 6.5%, when looking at vacancy volumes for IT Professionals across all sectors…
