Latest news & labour market data
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).
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.