Since February tech jobs vacancies have consistently topped 100,000, while open roles rose to 132,000 in one week in May.
Hiring in the UK tech sector has surged to its highest level in five
years as venture capital investment booms despite the impact of the
pandemic.
Hiring is now at its highest level since 2016, having recovered from a
slump to 43,500 in June last year, according to the latest figures from
job search engine Adzuna and Dealroom.
The bullish figures reflect
increased demand for tech talent and businesses ramp up their digital
services in the wake of the pandemic.
Tech and IT-related jobs have also benefited from increased demand
for remote workers and now make up 12 per cent of all UK job vacancies.
The figures, which will be unveiled by culture secretary Oliver
Dowden today, reflect the boom in the UK’s tech sector, which continues
to attract bumper foreign investment.
There has been more US venture capital investment in the UK in the
first six months of 2021 than in the whole of last year, putting the
industry on track for a record year.
The UK is leading Europe in terms of investment, as well as the
number of unicorns — private companies worth more than $1bn — created.
In total Britain has produced 99
unicorns worth a combined £333bn, with recent additions to the list
including Zego, Starling Bank and Wise.
This is driven largely by London’s tech scene, with the capital home
to the second-highest number of unicorns in the world behind California.
But while London and the South East remain dominant, the figures
revealed an increase in tech job vacancies in regions such as the North
West and West Midlands as more companies embrace remote working.
Software developers remain the most in-demand tech workers, followed
by web designers and data analysts. Companies have also ramped up their
search for workers in artificial intelligence-related roles amid
increasing uptake of the new technology.
“It’s
great to see the UK’s buoyant tech sector bouncing back as part of the
post-Covid recovery,” said Brent Hoberman, tech entrepreneur and
executive chairman of Founders Forum.
“The focus now must shift to filling those tech job vacancies with
diverse software developers and highly skilled tech talent from across
the country.”
City AM
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