– In Birmingham, within Financial Services, post HSBC’s move, activity has slowed down as one off hiring there has subsided, with volumes down by 35% compared to 2018.
– In Nottingham, by professional area, the biggest story is the increase in vacancies for Procurement / Supply Chain, where volumes grew up by 35%. Specifically the largest point of growth has been for people handling inventory, and stock levels.
– In Leicester, there was significant vacancy growth within TMT with an increase in hiring activity of 30%.
– Manchester, as the largest city in the region has seen the greatest growth over the last 12 months.
– Leeds is within the top five cities in the UK for year-on-year employment growth, where the impact of ‘Northern Powerhouse’ initiatives are seen to have been a key aspect in facilitating this.
– Hiring activity in Newcastle is muted by comparison, up only 3%. Why is this the case?
– Manchester, as the largest city in the region has seen the greatest growth over the last 12 months.
– Leeds is within the top five cities in the UK for year-on-year employment growth, where the impact of ‘Northern Powerhouse’ initiatives are seen to have been a key aspect in facilitating this.
– Hiring activity in Newcastle is muted by comparison, up only 3%. Why is this the case?
Other key trends emerging include:
– Hiring in Banking for front and middle office roles is now in decline, arguably as a result of Brexit, although fintech does have a role to play in this.
– With the Technology sector growing 2.6 times faster than the rest of the economy, it is not surprising that TMT is now the largest industry in terms of professional vacancies.
– The charity sector is also one of the fastest growing in the UK. A sign of increased professionalization within the sector or a function of a greater need due to austerity?
Other key trends emerging include:
– Hiring in Banking for front and middle office roles is now in decline, arguably as a result of Brexit, although fintech does have a role to play in this.
– With the Technology sector growing 2.6 times faster than the rest of the economy, it is not surprising that TMT is now the largest industry in terms of professional vacancies.
– The charity sector is also one of the fastest growing in the UK. A sign of increased professionalization within the sector or a function of a greater need due to austerity?
