Gaming – UK Tech Labour Market Trends, October 2023

Gaming – UK Tech Labour Market Trends, October 2023

The slowdown in the technology sector has generally also been felt in gaming, with this year being 55.8% down on last year. Nonetheless, 2023 is 31% up on 2019, showing the underlying trend is upward. As a result, Gaming has hit 5.4% of all vacancies across tech companies, up from 3.5% in 2019 according to the latest UK Technology Labour market trends report by Talent Alpha and market data analysts Vacancysoft.

FTC – UK Life Sciences Labour Market Trends, September 2023

FTC – UK Life Sciences Labour Market Trends, September 2023

Fixed-Term Contract Scientific vacancies remain relatively stable, maintaining a 5.3% share of all scientific vacancies. Equally, this represents the highest share observed since 2021, suggesting a continued demand for temporary scientific roles, despite a sharp fall in perm vacancies, according to the latest Life Sciences Labour Market Trends report with CPL and Vacancysoft.

Architecture & Design – UK Real Estate Labour Market Trends, September 2023

Architecture & Design – UK Real Estate Labour Market Trends, September 2023

The Architecture and Design labour market, which reached its zenith in 2022, is now poised for a significant decline in 2023, with an estimated -10.9% decrease in professional vacancies, bringing the total to 3,983 positions. Indeed, the increase in interest rates and the subsequent implications on borrowing costs for developers means that with the cost of capital going up, there has been a slight dip. That combined with the Conservative party scrapping housing targets, has also led to a slowdown in demand, according to the latest UK Real Estate Labour Market Trends report by market data analysts Vacancysoft.

Ireland Life Sciences Labour Market Trends, August 2023

Ireland Life Sciences Labour Market Trends, August 2023

As the markets have normalised post-pandemic, so the job flow has slowed for scientists. In contrast, engineering vacancies are on the rise, with an estimated 1577 openings in 2023, marking a 6.5% increase from 2022 according to Life Sciences specialist recruiters CPL, and labour market data analysts Vacancysoft.

Are corporations scaling up talent teams again?

Are corporations scaling up talent teams again?

As we have touched on before many times, 2023 has been quiet compared to the mania of the last few years and job volumes have been significantly lower. This has led to talent teams within businesses being scaled back and given this is the most critical function for businesses looking to hire, it acts as a good indicator as to business confidence. When businesses increase hiring into internal recruiters, there is confidence in growth, when vacancies drop, this means there will be less hiring.