Resource Search

The shift in policy with this new Government is tangible and it is the south that is likely to see the biggest transformation in terms of house building and construction. Meanwhile, professional advisors are busier than ever, as the proposed changes to employment law start to become a reality.

With the new government now in situ, the business community is slowly getting clarity about what the Labour Party is intending to do. With that, the economy has picked up this year, and growth is on track to be significantly higher than in 2023.

The legal sector has had an interesting year so far, with vacancies noting only incremental changes, despite major external events in the UK. However, while there has been a seemingly stable demand for skills amidst reports of an expected uplift in the sector, applications have plummeted, which will ring alarm bells for employers and recruiters.

The IT sector has faced a challenging talent market over the past year, with vacancies on a continued downward trend, highlighting the broader cutbacks that have been made in the remit. However, what is of more concern are the falling application numbers.

Salesforce has been a hot topic in recruitment this year with many industry leaders learning about its potential benefits as a front, middle, and back-office solution.

Employers will certainly be hoping that the new Government may signal a change in fortunes for what has been a relatively beleaguered sector.

July’s rise in vacancies, both permanent and contract, is a positive turn in light of the current challenges in the market. Continue to use the summer quieter periods to focus on strategic projects, and prepare for what could be a busy few months ahead for the recruitment sector.

There may have been a dip in vacancies, but the resilience of both contractor jobs and applications that we’re seeing does suggest that hiring in pharmaceuticals remains strong.

With a new Labour Government now in place, the fall in education applications presents a concern for the Prime Minister’s initial plans to recruit more teachers.

While the key metrics of new job postings, CV submissions, and placements have dipped, we’re all aware of the ongoing challenges in the market. Typically, summer has an adverse effect, so let’s focus on what we can control: use this quieter time to work on strategic projects that will pay dividends later in the year.

With approximately 540,000 Engineers working in the UK, this is one of the largest professional areas in the country. Indeed, in data published by Statista, this is up from 450,000 in 2022, which means there has been an increase of 20% over the period.