Within the EU-27, the month of March 2023 witnessed the highest monthly total this year with 461 published Procurement/Supply Chain jobs. However, Q2 has seen a marked dip since then, hence the EU-27 countries are expected to undergo a decrease of 11.8% in 2023, according to Life Sciences specialists CPL, and labour market data analysts Vacancysoft.
The Real Estate Industry is starting to hit headwinds not seen in a generation, as interest rates start to rise. Insofar as the long-term average interest rate has been around 4-5%, the last decade has seen low rates and unprecedented amounts of quantitative easing which as they have ended, have meant the industry is under pressure.
When examining the overall half-year totals for 2023, we can see a substantial 54.2% decrease when compared to the same period in 2022, where across all sectors, companies have been slowing down.
Although the economic slowdown is impacting Law Firm recruitment overall, Litigation/Dispute resolution is an area which is less dependent on the economic cycle than others, as a result, this has become the second largest area law firms have been recruiting for this year, according to the latest legal report by Search and labour market data analysts Vacancysoft.