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.
Year in Review: UK Regional Labour Market Trends, January 2024
In a sign of the times, industrial engineering, which encompasses aerospace and defence, has proven to be the top performing industry this past year, up 21% on 2022. At the same time the impact of quantitative tightening on the London market has been felt heavily across both finance and technology. As a result, vacancies in the capital are down 40% on the prior year.
Accounting & Finance – UK Finance Labour Market Trends Report, December 2023
2023 has seen a significant drop in accounting vacancies across financial services and commerce & industry. March marked the year’s peak in financial services with 532 vacancies, a 31% decrease from 2022, and the only increase was a 12% rise in November, according to the latest UK Finance Labour Market Trends report by Morgan McKinley and market data analysts Vacancysoft.
London – UK Regional Labour Market Trends, December 2023
Despite a 39% decrease in recruitment patterns in London in 2023 compared to the previous year, the city maintains a pivotal position in professional opportunities, expected to contribute 34% of the UK’s vacancies, emphasizing its crucial role in the national job market. This is according to the latest UK National Labour Market Trends report by APSCo and labour 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.
Beating a Bear market
“In a boom market, anyone can make money, to grow when the economy turns, that’s the real challenge.”
The latest economic data to be released, will be of concern for recruiters, more than anyone. The economy is contracting. Whilst there has been a bounce in hiring over summer, this should give room for pause, for businesses, thinking about their next twelve months. Stick or twist, expand or contract? But even if recruitment is tidal, can a recruiter beat the tide? I would argue, with data, they can.
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.
Our partners in the recruitment industry share their thought leadership insights, advice, and best practices.
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At Vacancysoft we cherish the vibrant tapestry of connections woven through our diverse team, spanning across London, Warsaw, and Lviv. Our curated events serve as a cornerstone for fostering meaningful relationships with our employees, clients, and suppliers. By championing thought leadership and innovation, we cultivate a dynamic environment for networking and collaboration. These gatherings are not just events, but a testament to our commitment to building a community that thrives on diversity, knowledge sharing, and mutual growth.
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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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