Latest figures have shown that London’s technology sector is showing its first signs of recovery with the number of available job vacancies increasing significantly.
The report, compiled by Robert Walters and Vacancysoft, revealed that new tech job roles within the Capital increased by 26% in May and then a further 10% in June.
Ben Litvinoff, Associate Director, Technology at Robert Walters, commented, “Whilst it is great to see job volume increase in the past few months, it would be amiss to not acknowledge that demand for technology professional sky-rocketed during and post-pandemic – so a lot the decline we are seeing in roles is more so a levelling out process, where job vacancies now are on-par with what we saw pre-Covid (2019).”
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Email JaimeBen added, “The early signs of job flow returning is linked to considered and business-critical hires, the return of transformation and change projects which may have been put on hold at the start of this year, and investor activity slowly returning leading to a rise in demand for developers and infrastructure specialists.”
James Chaplin, CEO of Vacancysoft, added, “While tech companies may have cut back on their recruitment this year, the industry is taking an ever increasingly important role in the London economy. With that we are forecasting the sector to rebound next year, as the economy normalises.”
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