Despite the positivity we saw in Q2, the start of Q3 was somewhat inconsistent when it came to new vacancies coming to market.
Although, whilst delivery, product, and leadership opportunities were a little on the light side, G-T-M and software engineering remains buoyant which is encouraging indeed.
We also know that the pipeline for new hires is robust, with roles anticipated at all levels. There remains a strong appetite for growing teams and launching new projects, even if these projects are expected to be smaller in scale.
Demand within retail is currently concentrated on PIM, OMS, and Data. This is partly due to previous underinvestment in these areas and partly due to significant technological innovations in recent years.
Outside of retail, we believe manufacturing, pharma, and automotive to be industries to watch.
It’s also worth noting that US jobs data showed an unexpected rise in May, indicating a strong recovery and potential growth in the job market. Similarly, UK jobs data suggests that the decline from the pre-COVID spike has bottomed out and stabilised, pointing to a more stable and resilient employment landscape – let’s hope this positive trend continues.
