As the largest regional economy in the UK, what recruitment trends have we seen in the Midlands so far in 2022?
Which sectors saw the most growth, and what specialisms were most sought after by the largest firms?
Written in partnership with APSCo, this report examines labour market trends across key sectors in the Midlands.
It provides a breakdown of hiring across the region; presents vacancy volumes by industry and function; and compares the hiring activity of top firms.
For labour market insights and the trends that drove recruitment
across the Midlands in 2022 so far, download the report now!
Latest reports
Banking – UK Legal Labour Market Trends, May 2024
The surge in vacancies for banking lawyers during Q1 2024, observed both in law firms and banks, reflects significant industry dynamics. 137 vacancies were posted within law firms, marking the highest total since Q3 2022. Extrapolating from Q1, 2024 is projected to see a 35% increase compared to the previous year. Similarly, there was a 17.7% increase in legal vacancies within banks compared to Q4 2023.
Medical Affairs – UK Life Sciences Labour Market Trends, April 2024
With the slump in the pharmaceutical sector set to continue, the long-awaited reforms to the MHRA have yet to materialise. As a result, drug approval in the UK lags behind the EU, further depressing the sector. 2023 seems to be the low point in that there has been an uptick in Q1 so far, and if this continues, it will increase by 9.1% this year compared to last. The recovery has been in London specifically, with volumes up 26.1% on last year.
Tax – UK Finance Labour Market Trends Report, April 2024
The Government’s Spring 2024 budget has changed the shape of taxation in the UK for high net-worth individuals who are not UK-domiciled. The implications of this change are yet to be seen properly; therefore, when looking at the recruitment patterns, we are forecasting an increase in tax vacancies this year compared to last year’s 32% in London, and 46% regionally.
