Home Business NewsBusinessBusiness Growth NewsThe number of new jobs published in London continues to rise, with over 20,000 vacancies in October

The number of new jobs published in London continues to rise, with over 20,000 vacancies in October

by LLB Reporter
29th Nov 21 12:20 pm

The number of new jobs published in London continues to rise, with over 20,000 vacancies in October, marking an all-time monthly high. Thatโ€™sย according toโ€ฏnew research from the Association of Professional Staffing Companies (APSCo), the trade association for theโ€ฏrecruitment sector.

The data, provided by business intelligence specialistโ€ฏVacancysoft, reveals that companies in London have published over 171,400 vacancies in 2021 to date, surpassing 2020โ€™s total by 76%. IT specialists are in most demand, with firms in the capital publishing over 54,600 new jobs for these professionals, accounting for 30.4% of all vacancies in 2021. With the pandemic propelling the UKโ€™s adoption of technology and the continued need for talent to manage both remote and hybrid working strategies, it is perhaps clear to see why IT specialists are so highly sought after.

Elsewhere, the data shows that Amazon continues to lead the table of most active hires in the capital. The firm has published over 2,700 vacancies in 2021 and is up 16.4% year-on-year. Despite this, Citi and Sky follow closely behind with even larger hiring surges of 120% and 131.2% retrospectively.

Ann Swain, CEO of APSCo said, โ€œThe capital is continuing to show incredible signs of recovery after a difficult 2020. With a record month of vacancies reported in October and job numbers continuing to climb for the second half of the year, London looks set to end 2021 on a high, setting the staffing sector up for a strong start for next year. As businesses continue to adapt to a more permanent shift to hybrid working, demand for IT specialists has naturally risen and looks set to continue to grow in the immediate future.

โ€œWhat will certainly remain a concern, however, is the availability of skills. Staff shortages have been rapidly growing as the entire UK economy begins to recover from the pandemic. Combine the less-than-desirable immigration route into the UK for highly skilled professionals with the rollout of Off Payroll rules, and itโ€™s unsurprising that so many staffing firms are struggling to meet employer demand.โ€

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