How are IT vacancies faring in England and Wales? What are the leading sectors and professions? Which regions have the highest activity, and which firms are the busiest?
Written in partnership with Robert Walters, this Year in Review report analyses the recruitment of IT roles within Fintech and other industries in England and Wales. It provides a comparison of monthly and annual totals trends, an analysis of the most wanted specialist roles, a regional breakdown of recruitment, and the hiring activity of top firms.
To discover more insights and trends that drove
UK’s Tech Labour Market in 2022,
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Year in Review: UK Tech Labour Market Trends, February 2024
The deceleration of tech-centric sectors in London during 2023 mirrors the broader downturn experienced across the UK, with IT vacancies plummeting by 50.5% in the capital compared to 36.3% regionally. Hence the fact that demand for IT professionals has fallen 42.8% compared to the peaks seen in 2022, is a temporary blip.
Year in Review: UK Legal Labour Market Trends, January 2024
At a time when the sector has been depressed by the cyclical downturn due to quantitative tightening, this has led to a drop of 34.8% in London and 19.4% regionally. Within law firms, real estate remains the top skill in demand, although its market share has slipped from 22% in 2022 to 18% in 2023. This is partly due to a hefty 37% fall in vacancies in this area in 2023 as the commercial property sector has slowed down.
Year in Review: UK Finance Labour Market Trends, January 2024
The cyclical nature of Financial Services has meant that as interest rates rose, and the economy appeared on the edge of recession, recruitment slowed down significantly. All this has led to professional vacancies falling in 2023, with a 34% year-on-year decrease from 2022.
