Automation through technology is not a new phenomenon. Every generation can cite its own case study of how jobs have been replaced by people. However, historically, the segments of the workforce most likely to be disrupted, have been the blue collar workers, and office based work, has proven resilient against that change.
The accountancy sector saw a strong rebound in 2024, with vacancies rising 29% to their highest level in five years, accounting for 54% of all openings.
Fintech vacancies surged to 12,519 in 2024, up from 8,672 the previous year, driven by increased venture capital funding, AI adoption, and industry fragmentation, according to a report by Morgan McKinley and Vacancysoft.
Nearly two-thirds (63%) of UK financial institutions now invest in AI, up from 32% in 2023, according to a new market trends report by Morgan McKinley and Vacancysoft
With former President Trump moving to implement his policy agenda, initial measures have already been set in motion. He has declared a state of emergency at the border, leveraging his executive powers to impose tariffs on Canada, China, and Mexico, with the European Union (EU) now in his sights.
