2023 has seen a significant drop in accounting vacancies across financial services and commerce & industry. March marked the year’s peak in financial services with 532 vacancies, a 31% decrease from 2022, and the only increase was a 12% rise in November, according to the latest UK Finance Labour Market Trends report by Morgan McKinley and market data analysts Vacancysoft.
Despite a 39% decrease in recruitment patterns in London in 2023 compared to the previous year, the city maintains a pivotal position in professional opportunities, expected to contribute 34% of the UK’s vacancies, emphasizing its crucial role in the national job market. This is according to the latest UK National Labour Market Trends report by APSCo and labour market data analysts Vacancysoft.
The biotech sector has been on a downward trend this year, with vacancies down 34% in 2023. With that, the first quarter saw the highest concentration of job postings, tallying 351 vacancies. Indeed, January and March were the top two months in 2023, with 131 and 123 vacancies respectively. This is according to the latest Life Sciences Labour Market Trends report by CPL and market data analysts Vacancysoft.
In Q1 2023, the West Midlands, with 8794 vacancies, held the largest share in the region, yet it fell short of the lowest quarter in 2022 at 8860 vacancies, while the East Midlands peaked at 5310 jobs in Q1 2023, failing to surpass the total of 6601 vacancies in Q3 2022. This according to the latest UK National Labour Market Trends report by APSCo and labour market data analysts Vacancysoft.
Looking at 2023, there has been a significant decline in hiring across the risk & compliance functions. Nonetheless, the real story emerging is how these functions are becoming an ever greater department within fintech, according to the latest UK Finance Labour Market trends report by Morgan McKinley and market data analysts Vacancysoft.
While 2023 has seen significantly lower levels of recruitment for clinical-specific functions, the forecast for 2024 is bullish, with the immediate projection being for two times more clinical vacancies in 2024 than in 2023.
