Looking at 2023, there has been a significant decline in hiring across the risk & compliance functions. Nonetheless, the real story emerging is how these functions are becoming an ever greater department within fintech, according to the latest UK Finance Labour Market trends report by Morgan McKinley and market data analysts Vacancysoft.
While 2023 has seen significantly lower levels of recruitment for clinical-specific functions, the forecast for 2024 is bullish, with the immediate projection being for two times more clinical vacancies in 2024 than in 2023.
As Europe’s most advanced e-commerce market, the UK has approximately 60 million e-commerce users. With that, shopping online has become the norm, which has had implications for retailers on the high street, especially outside of main shopping hubs, where the pandemic period had resulted in a significant surge in activity. Now, post-pandemic, there has been a slowdown as the market has normalized, which has meant that when looking at e-commerce, there has been a drop of 42.5% in IT vacancies compared to 2022, according to the latest UK Tech Report by Talent Alpha and Vacancysoft.
The transition from the post-pandemic strategy of emphasising rapid talent acquisition and growth to prioritising efficiency and client service has resulted in a significant drop in recruitment for tax specialists this year, with vacancies forecast to be 31.1% down on 2022 according to a recent report by recruitment specialists Morgan Mckinley and market data providers, Vacancysoft.
Despite a projected slowdown in the overall job market, the South of England is expected to maintain its position as the top region for job opportunities in 2023, according to new research from the Association of Professional Staffing Companies (APSCo).
