Home 9 HR 9 Another record-breaking year for vacancies in Wales?

Another record-breaking year for vacancies in Wales?

by | Apr 20, 2022 12:23

Vacancies across Wales have continued to rise, with 2022 levels set to be 196% higher than the 2018-2020 three-year average. That’s according to new research from the Association of Professional Staffing Companies (APSCo), the trade association for the professional recruitment sector.

According to the data, provided by business intelligence specialist Vacancysoft, recruitment levels across the country reached a significant milestone in January of this year, with new jobs up 88.2% when compared to the same month a year earlier.

Across the sectors, real estate has seen the greatest uptick in recruitment, with jobs in the sector surging 184% year-on-year in 2021. This is indicative of the unprecedented levels of interest in the Welsh housing market which has put increasing pressure on resources across real estate.

The statistics also showed that IT experts were in highest demand across Wales, with recruitment for these specialists remaining steady throughout the pandemic, accounting for 16.3% of all new vacancies across the country last year. Meanwhile, jobs in engineering reported the greatest spike in numbers last year, with recruitment up 275.9% year-on-year.

Ann Swain, CEO of APSCo comments:

“Despite Omicron threatening the UK’s economic recovery, Wales began 2022 with record-breaking recruitment levels, however, while the professional sectors are currently holding up well, skills shortages are evident across almost every specialism. The data suggest that recruitment demand will only continue to grow across Wales for the rest of this year and with experts such as IT professionals in high demand, but short supply, businesses will find sourcing the best talent becomes increasingly difficult.

Source: Employer News, April 2022

Related Posts

Talent acquisition and retention strategies in a time of recession

Talent acquisition and retention strategies in a time of recession

This article is based on the Linkedin Live session from the xpathNexus series of live talks on global mobility topics. You can wat the entire series here. The session “Talent acquisition and retention strategies in a time of recession” focused on several changes in...

Exploring the link between global mobility and retaining top talent

Exploring the link between global mobility and retaining top talent

Within the competitive market today, retaining top talent is paramount. Global mobility opportunities provide organizations with a great way to attract and retain top talent, enabling them to stand out amongst the competition. International postings create an...

How to choose the right Global Mobility technology for your business

How to choose the right Global Mobility technology for your business

Whether you manage hundreds of international relocations or just a few, you know having the right technology in place is crucial. Even though you don't currently have expat employees, hiring foreign workers might be something that you would consider for the future,...

Global mobility: containing costs and adding value

Global mobility: containing costs and adding value

This article is based on the Linkedin Live session from the xpath.global series of live talks on global mobility topics. You can watch the entire series here. The session “Global mobility – containing costs while adding value” focused on one pervasive and burning...

Digital Nomads – five reasons to consider hiring them

Digital Nomads – five reasons to consider hiring them

Digital nomads can be your new employees of the future. As the labour market continues to evolve, so do the types of employees that companies are looking for. In recent years, there has been a growing trend of digital nomads. Those working professionals who work...

5 reasons for hiring foreign workers

5 reasons for hiring foreign workers

Many businesses are having a difficult time filling available positions nowadays. In an employee-centric market, top candidates can pick and choose among various offers. The easiest and fastest explanation that comes to mind is that there are no relevant talents on...

Employee experience – how Global Mobility can enhance this

Employee experience – how Global Mobility can enhance this

The customer is king. This is what businesses have come to understand, whether they are running a small shop or a large company. However, in today’s fast-evolving business landscape, employees are taking centre stage as the backbone of any organization. Holding on to...

How Global Mobility brings value to your business

How Global Mobility brings value to your business

Organisations worldwide are relying on global mobility services to assist them to fulfil workforce demands efficiently. At the same time the competition for acquiring the best talent is heating up, amidst a shifting economic landscape and stricter compliance...

Why you need a robust digital ecosystem for your mobility programmes

Why you need a robust digital ecosystem for your mobility programmes

Imagine how useful it would be if there were a way to conveniently manage all your global mobility cases and resources in one place. With a robust digital ecosystem, this is exactly what you can do! A well-designed digital ecosystem can make your mobility programmes...

5 most common misconceptions about hiring foreign employees debunked!

5 most common misconceptions about hiring foreign employees debunked!

Are you prepared for the war on talent? Or are you at war already? We all know that the skill pool is limited, especially in some industries, and businesses are always competing for talent. Sometimes it's not only difficult but downright impossible to find talented...

How to avoid costly mistakes when drafting your global mobility policy

How to avoid costly mistakes when drafting your global mobility policy

Are you feeling lost and overwhelmed when it comes to developing your company's global mobility policy? You're not alone! Even the most experienced HR professionals can make mistakes when it comes to navigating the complex world of international transfers. In this...

How to maintain compliance on international assignments

How to maintain compliance on international assignments

Maintaining compliance during international assignments can be a major headache for HR managers. Keeping up with changing tax, legal, and labour laws in different countries may be challenging and time-consuming. As more companies expand globally, complying with local...