Time to pivot to STEM?
In contrast to most other sectors, businesses in Energy and Defence are on track to post more vacancies this year than last.
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.
When others are fearful, be bold
At first glance, 2023 looks pretty bleak. After all, there has been a dip in vacancies, year on year, of 34% in terms of the monthly average. Businesses which for the last two years were just non-stop recruiting, this year have suddenly slowed down and for recruiters, there are many who are still adapting to this reality…
Recruitment is Tidal
The UK market has had a three-year rollercoaster like no other in memory. From the pandemic, to the post lockdown surge, such have been the extremes, 2019, the last time we had a regular market, feels a long time ago…
Software Engineering – UK Tech Labour Market Trends, June 2023
Despite the difficult economic climate, companies are still looking to hire exceptional software engineering talent and are prepared to pay a premium for those with the right background and knowledge of sought after programming languages. Nonetheless, 2023 is on track to have 55% less software engineering vacancies than last year, according to the latest Technology report by Robert Walters and labour market data analysts Vacancysoft.
