The Hiring Market During Coronavirus: APSCo’s research

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The professional recruitment sector has been badly impacted by Covid-19, and APSCo has taken every step possible to engage closely with its members, conduct research to understand the situation on the ground, and engage the Government to raise awareness of the condition of the hiring market. Currently, our research is showing us a picture of a market that, while severely impacted across the board by Covid-19, is still seeing activity in a number of sectors, most notably IT, HR, healthcare and logistics.

The hiring market – down but not out. As part of our continued monitoring of the professional recruitment sector, we released March data in partnership with cube19 that showed that permanent roles were down by half, contract roles down 40%, and interviews down by 50% when compared with the last week of March in 2019.

However, there were pockets of sectoral hiring activity, with job interviews and offers still taking place across a number of industries – primarily technology – but also life sciences, healthcare, logistics, finance, HR and digital marketing.

London: Tech roles dominate hiring. In fact, this continuation in IT hiring was echoed in recent London data that we published with Vacancysoft which showed that demand for these roles was dominating hiring in the capital as firms continue operations remotely during the pandemic.

The data shows IT roles accounted for 35% of all vacancies over the period since the shutdown. On a normal given week this figure would be 15% at most. The data also revealed that the top five in demand roles across the capital are technology related, with software engineering roles coming out on top.

However, IT was not the only sector where operations were continuing despite Covid-19, and the data also revealed that businesses in London are looking for employee engagement specialists as firms seek to maintain cohesiveness while working from home. The figures revealed that HR vacancies made up 5.2% of all hiring in London. Read more here…

Source: The Staffing Stream

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