Thought Leadership
See our latest news, market reports, executive comment and recent newsletters — and discover which media outlets use Vacancysoft thought leadership and data to enhance their stories
We partner with leading recruitment firms to produce thought leadership reports highlighting key labour market trends.
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
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
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.
Quick insights on hiring trends, industry shifts, and key sector developments to keep you informed in today’s dynamic job market.
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Our CEO, James Chaplin, provides insight into business, operations and thought leadership at Vacancysoft.
Which jobs are being kept in London?
The long-term impact of COVID has yet to be felt on the economy. Equally, the societal change is already here. Work from home and hybrid is now becoming de-rigeur, where for people with London based jobs, it is increasingly a pre-requisite, especially when factoring the commute times. This is creating its own conflict within Financial Services, especially, as banks push for people to be back to work, equally are increasingly flexible about which work location is used. For example, HSBC now employs more people in Birmingham than in London.
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.
Our partners in the recruitment industry share their thought leadership insights, advice, and best practices.
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Read the latest news on the recruitment and staffing industry through stories powered by Vacancysoft’s labour market data, analysis and our thought leadership pieces.
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