This report shows that the UK hiring market is recovering unevenly, with London remaining the largest hiring hub while regions like Northern Ireland, the North West, and the East Midlands are experiencing faster growth due to infrastructure investment and regional funding. The strongest driver of job creation is the technology sector, where demand for roles such as software engineers, AI specialists, and cybersecurity experts continues to rise, supported by government industrial strategy and increased corporate investment in finance, infrastructure, and defence.
With the recent change in government, the shift in economic strategy is evident. Join us, as we review the big changes of 2024 and look ahead to 2025.
As we enter this new era of Al & IT transformation, the impact on jobs across all industries is visible. Join us, as we review the big changes of 2024 and look ahead to 2025.
The beginning months of 2024 have shown a decrease in recruitment compared to the post-pandemic boom seen in 2021-2023. Despite a dip in 2020 due to the pandemic, the Australian legal market experienced robust growth over the following years.
The deceleration of tech-centric sectors in London during 2023 mirrors the broader downturn experienced across the UK, with IT vacancies plummeting by 50.5% in the capital compared to 36.3% regionally. Hence the fact that demand for IT professionals has fallen 42.8% compared to the peaks seen in 2022, is a temporary blip.
