London – UK Tech Labour Market Trends, July 2023
When examining the overall half-year totals for 2023, we can see a substantial 54.2% decrease when compared to the same period in 2022, where across all sectors, companies have been slowing down.
Is London losing it’s competitiveness?
As salaries surge to match inflation, so businesses are shifting hiring away from the capital. In my previous post, recruitment is tidal, I referenced that in terms of macro job flow, what we are seeing is that 2023 is now mirroring 2019. However, there is one key distinction in that whilst activity in London is flat (vacancies in 2023 are currently on track to match 2019 exactly) outside the capital, we are seeing growth of 25.6% in terms of the monthly average, when comparing this year, to 2019, before COVID.
London – Regional Labour Market Trends, July 2023
London – Regional Labour Market Trends, July 2023 London recruitment levels down 38.2% on last year Key findings include: There has been a 24% dip in vacancies in Q2 2023 YOY IT drops from 31.5% to 26.1% of all professional vacancies Financial Services has risen...Digital – UK Media Labour Market Trends, June 2023
Digital – UK Media Labour Market Trends, June 2023 The media sector in the North West continues to grow, bucking national trends! Key findings include: London forecasts to have a 52% drop in vacancies year-on-year Demand for SEO/PPC specialists is down 53%, but...
London – UK Legal Labour Market Trends, July 2023
Although the economic slowdown is impacting Law Firm recruitment overall, Litigation/Dispute resolution is an area which is less dependent on the economic cycle than others, as a result, this has become the second largest area law firms have been recruiting for this year, according to the latest legal report by Search and labour market data analysts Vacancysoft.
