Vacancies across IT sector are up year-on-year by 27% despite election uncertainty
The Association of Professional Staffing Companies (APSCo) have released their latest report findings which show that recruitment firms now have 21% more vacancies in comparison to this time last year. However, there has also been a slight decline in vacancies by 1% between January and February this year. This is as a result of the looming General Election.
APSCo’s research concurs with the latest figures released by the Office for National Statistics (ONS) which showed that the number of people in work has increased by 143,000 in the three months to January, which has driven UK employment to a record-high of 30.94 million.
In spite of the slight month-on-month slowdown, the latest research from APSCo reveals that permanent vacancies across IT are up year-on-year by 27%.
The rapid growth of the IT sector can be attributed to a national shift in roles in response to the growing digital economy. Research findings from PwC shows that 6% of all workers are now employed in a job that didn’t exist in 1990.
Ann Swain, Chief Executive of APSCo comments:
“As we predicted earlier this year, uncertainty in the run up to the general election, and any associated impact on policy, seems to have temporarily dampened activity as organisations put the brakes on hiring to wait for greater stability. Despite this month-on-month blip however, we are not surprised that professional recruitment levels remain high.”
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