How are vacancies faring amidst the challenging times in the economic landscape in England and Wales? What are the leading financial sectors and roles? Which regions have the highest activity, and which are the firms leading hiring?
Written in partnership with Morgan McKinley, this report analyses the recruitment of professionals within different sectors in the UK. It observes the trends of the annual and monthly total, compares the skills in demand, a regional breakdown of recruitment, and the hiring activity of top firms.
To discover more insights and trends that drove
UK’s Finance Labour Market in 2022,
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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.
South West – UK Regional Labour Market Trends, April 2024
After the technical recession in 2023, which led to vacancies dropping in the region compared to 2022, we have seen a bounce back in Q1 so far, culminating in an uplift of 7.6% which compares favorably to the national figures (+5.4%.) As a result, the region now accounts for 6.7% of the national total in terms of vacancies, up from 5.8% in 2022.
