
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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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.

Risk – Insurance, UK Labour Market Trends, April 2024
Insurance companies face new risks due to economic volatility, higher interest rates, geopolitical uncertainty, and climate change. This has led to a rise in demand for risk professionals, with vacancies up by 11.4% in 2024 compared to last year. March 2024 had the highest number of risk vacancies in over a year, indicating a continuing trend.

Regionalisation – UK HR Labour Market Trends, March 2024
Post-pandemic economy shifting from London: HQ function vacancies down to 41.2% from 47.8% in 2019.