Vacancysoft Market Update: 2021, What Next?
As we approached the end of what has been a frenetic year 2021, with recruiters challenged in unique ways never seen before, the big question was: What next?
In this 20 minute presentation (recorded on Nov 18, 2021) we will give you a snapshot of the latest recruitment trends we are seeing emerging, both by regional area and across the key industries of the knowledge economy so you know how best to organise resources in your business.
James Chaplin, Vacancysoft CEO is presenting, where attendees had the opportunity to both network with each other, using the highly innovative REMO platform, and ask questions about the presentation directly, where after the main presentation, we will have plenty of time to respond to the issues you consider to be most important.
Download our Year in Review Magazine 2021 edition below!
In our annual magazine 2021 edition you will find a full review of the hiring activities across key sectors of the UK economy over the past year. The magazine covers trends seen in Britain’s tech, life sciences, law, finance, real estate and insurance industries.
Scotland – UK Regional Labour Market Trends, August 2024
In the first seven months of 2024, Scotland recorded 12,766 professional vacancies, which accounted for 5.3% of the UK’s total of 226,708 vacancies. Scotland’s job market has seen a modest year-on-year increase of 0.5%, significantly lagging behind the UK’s national average growth of 2.5%.
London – UK Real Estate Labour Market Trends, Summer 2024
The first half of 2024 has demonstrated market resilience despite ongoing economic challenges. While sectors like banking and real estate face pressures from new government policies and global uncertainties, strategic adjustments are evident.
London – UK Finance Labour Market Trends Report, August 2024
The banking sector continued its slump in 2024, with vacancies down 3% compared to last year. However, recent analysis suggests UK securities are undervalued, and with a new government, the sector might rebound – July has shown record performance. Tax has been a key focus for hiring, especially with Labour’s tax-raising agenda. As a result, tax roles have performed strongly, making the upcoming Autumn budget particularly significant.
HR – UK Insurance Labour Market Trends, July 2024
The pandemic’s long-term impact on the industry is still evident, particularly in how we work. The sudden shift from structured, on-site roles to remote work has altered workplace dynamics, with traditional business principles now being challenged, especially by younger generations. This has created challenges for HR departments as businesses face resistance to returning on-site.
London – UK Regional Labour Market Trends, July 2024
With the general election now behind us, the UK economy is showing signs of acceleration. Economists are already revising their forecasts on GDP growth for this year, and the fact that Starmer has won with such a significant mandate means that there is certainty about what lies ahead for business.
DACH & BENELUX – Life Sciences Labour Market Trends, July 2024
The 2023 year saw a dip across both DACH and BENELUX regions, reflected by the EU data. DACH has kept higher numbers than BENELUX since the start of 2022, but this gap is now shortening whilst still being apparent. So far, the first half 2024 is projected to see lower volumes than the full-year estimate.
Corporate Services – UK Life Sciences Labour Market Trends, June 2024
The UK’s political landscape is particularly noteworthy with Europe facing a series of summer elections. If it gains power, the Labour Party has explicitly stated its intention to improve trade relations with the EU. Although specific plans have not been detailed, any shift in this direction could alleviate the sectoral dampening caused by Brexit.
Employment – UK Legal Labour Market Trends, June 2024
On the first of January, the Labour Party announced its new deal for employees, contingent on their expected victory in the next election. Currently projected at an 88% likelihood of winning, businesses will need to review and update employee contracts to comply with the new regulations. Unsurprisingly, law firms are rapidly recruiting to bolster their employment teams faster than other practice areas.
North East – UK Regional Labour Market Trends, June 2024
With the UK still experiencing lower levels of labour market economic activity than before the pandemic, the North East faces the challenge of a growing divergence in growth compared to the southern regions of the country.
Internal Audit – UK Finance Labour Market Trends Report, June 2024
With the impact of climate change now becoming an ever-present reality, it is now being recommended that internal auditors globally make assessing the risk part of their purview, and within the UK specifically. Nonetheless, activity has been muted so far in 2024, with vacancies slowing down by 19.7% compared to last year.
