How are vacancies faring in England and Wales’ life sciences industry? Which regions are experiencing the biggest uplifts? What are the most wanted skills? Which sectors and firms have increased their hiring levels of these professionals?
Written in partnership with Cpl Life Sciences, this report reviews recruitment trends for scientific clinical jobs in England and Wales’ Life Sciences industry. It observes the trends of the annual total, examines in which sectors and roles recruitment is rising, breaks down the performance by region, and presents the hiring activity of the top firms.
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UK’s Life Sciences Labour Market in 2022,
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In a world of ever-increasing risk, specialist insurance services rise as businesses look to mitigate their exposure. Hence, for the industry, 2023 has proven to be a busy year, with the sector being one of the top performers across all industries in terms of year-on-year activity this past year. On that point specifically, we saw vacancies drop by 15.1% compared to 2022. That compares to an all-industry fall of 30%.
Every generation bears witness to a technological jump which has the capacity to change the way we work. For example, from the first generation of mobile phones in the 1980s, through to smart phones and mobile devices this has transformed the way we do business. Nonetheless, we have seen increasing numbers of jobs displaced as different technologies have achieved scale.
In a sign of the times, industrial engineering, which encompasses aerospace and defence, has proven to be the top performing industry this past year, up 21% on 2022. At the same time the impact of quantitative tightening on the London market has been felt heavily across both finance and technology. As a result, vacancies in the capital are down 40% on the prior year. This is according to the latest UK labour market trends report by leading professional body APSCo and market data analysts Vacancysoft.