Mon. Jan 17th, 2022

The number of new jobs published in London continues to rise, with over 20,000 vacancies in October, marking a record-breaking monthly high. It shows new research from the Association of Professional Staffing Companies (APSCo), the industry association for the recruitment sector.

The data, provided by business intelligence specialist Vacancysoft, reveals that companies in London have posted over 171,400 vacancies by 2021 to date, surpassing 2020’s total by 76%. IT specialists are most in demand, and companies in the capital are creating over 54,600 new jobs for these professionals, accounting for 30.4% of all vacancies in 2021. With the pandemic driving the UK’s introduction of technology and the continuing need for talent to manage both remote positions and hybrid work strategies, it may be clear to see why IT specialists are so sought after.

Elsewhere, the data shows that Amazon continues to lead the table of most active hires in the capital. The company has announced over 2,700 vacancies in 2021 and has increased 16.4% year-on-year. Despite this, Citi and Sky are following closely behind with even larger employment increases of 120% and 131.2% retrospectively.

Ann Swain, CEO of APSCo states:

“The capital continues to show incredible signs of recovery after a difficult 2020. With a record month of vacancies reported in October and job numbers continuing to rise for the second half, London looks set to end 2021 at a high level. for a strong start to next year.As companies continue to adapt to a more permanent shift to hybrid work, the demand for IT specialists has naturally increased and looks set to continue to grow in the near future.

“However, what will certainly remain a problem is the availability of skills. Staff shortages have been growing rapidly as the whole of the UK economy begins to recover from the pandemic. Combine the less than desirable immigration route to the UK for highly educated professionals with the roll-out of Off Payroll rules, and it is not surprising that so many staffing firms are struggling to meet employers’ demand. “

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