Latest news & labour market data
According to a new government report released ahead of Birmingham Tech Week, the West Midlands has been recognised as a top performer for digital growth and is predicted to create an additional 52,000 roles in the sector over the next four years.
The region's digital industry is the fastest-growing in the UK according to new analysis released ahead of Leeds Digital Festival. The thriving digital tech sector is likely to create thousands of new jobs by the end of 2025.
PwC will create up to 1000 jobs over three years at its newly launched technology hub in Manchester. The technology focused roles are in addition to existing recruitment of 3,000 people per year.
Hiring for the digital tech sector has surged past pre-pandemic levels with 132,000 tech vacancies recorded in one week in May, according to data compiled by job search engine Adzuna and Dealroom for the Government’s Digital Economy Council.
Technology recruitment in the UK is at its highest pace since 2019, according to a quarterly index of UK tech sector performance by consulting firm and techUK member KPMG. The UK tech sector continued to hire during Q1 2021, despite a jolt to activity at the start of the national lockdown in January 2021, the report noted.
UK tech companies are leading the hiring comeback with 1 in 6 jobs targeting young people, says the Department for Culture, Media and Sport (DCMS).
Indian tech giant HCL Tech plans to hire 1,000 tech professionals in the UK in the coming months. The roles will be across digital transformation, cloud, artificial intelligence and cybersecurity for its London, Greater London and Manchester offices. India’s third largest IT firm, it currently employs 3,500 people in the UK after launching in the UK in 1997.
Indian IT supplier Infosys will create 1,000 technology jobs in the UK over the next three years, with recent graduates and experienced professionals targeted to take roles across the country. The jobs will be spread across the country, including in Infosys’ design studio in Shoreditch, its innovation centre in Canary Wharf and in client locations across the UK, such as Nottingham.
Tech companies including techUK members PayPal and Accenture are hiring more now than before the pandemic, while virtual recruitment becomes the norm.
The number of technology jobs in the UK has seen a major decline in the past year but cloud, quantum computing, blockchain and robotics are all in serious demand across the country.
Research launched in February 2021 from the UK Tech Cluster Group, supported by the Institute of Coding (IoC), shows that the tech sector has continued to see growth in 2020. Despite the national upheaval caused by the pandemic, 42% of tech companies reported an increase in revenue over the past 12 months (with 32% staying the same).
The Department for Digital, Culture, Media and Sport has released a report entitled ‘Cyber security skills in the UK labour market 2020’ detailing the UK cyber security skills shortfall, both in terms of people and available roles across the sector.
UK tech job vacancies have bounced back strongly as Britain’s booming tech sector shrugged off the Covid-19 pandemic to attract record levels of investment. While job vacancies in the industry dropped sharply at the height of the crisis in July, they have since climbed 50 per cent and are now accumulating at a rate of 2.6 per cent per month, according to new figures from Tech Nation.