The Swiss life sciences industry, despite a challenging dip in job vacancies in 2023 (down by 31.4%), shows a robust rebound in 2024, with vacancies projected to rise by 24.1%. R&D roles have been notably active, reflecting global trends and a renewed push in innovation.
With one week to go, the election remains too close to call. With that, on November 5, the USA will vote and if Trump wins, there will be implications for the UK. Foreign policy is the one area where Trump has internationalists concerned, equally his primary gripe is that NATO members should be paying their way, and the USA is footing the bill for defense in Europe unnecessarily.
The quarterly funding data from Pitchbook has now been released, and for people in the IT community, it makes grim reading. The deal count in Q3 is down 43% compared to Q2 and deal values have shrunk by an even greater amount. Whilst the VC/PE backed start up community is a small fragment of the UK labour market, funding data is indicative of the wider prevailing economic trends.
The return of working from the office, is manifesting, especially in the larger companies, with a combination of carrot and stick now in effect. Refusniks who are successfully negotiating to retain their remote privileges are being told that only people based on site are likely to get bonuses and promotions, whilst others are starting to be counted in and out and disciplined if they are found to be working remotely too often.
With the Labour Party now in power, its policy framework is expected to drive significant changes in the economy and labour market. The construction industry is preparing for a housebuilding effort on a scale not seen in decades. In other sectors, the focus is on how business-friendly the new government will be.
