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UK tech sees sudden surge in vacancies

The UK is seeing an unexpected surge in vacancies in the tech jobs market after a “bumpy”, pandemic-hit summer, according to a new survey

Data from Otta, a startup jobs agency based in London, showed that September saw 3,495 tech roles advertised in the UK, just short of the 3,552 jobs advertised in March before Covid-19 lockdown restrictions were introduced.Last month’s jobs tally also represented a 71% increase on the number of jobs available in June.

Strong recovery in available tech jobs

Sam Franklin, Otta co-founder and CEO, said, “While it is an uncertain time for both companies and job-seekers, our data offers some reassurance to people that are looking for jobs.”While job vacancies in some industries have been slow to recover, we have seen a strong recovery in the tech jobs market in recent months, with lots of great companies continuing to hire. Tech companies are disruptive and operate in fast-growing markets. Despite a difficult economic backdrop, many are still growing fast.”

UK tech investment continues to grow

The report also showed that investment continued to flow into the sector with UK startups raising £663 million during the lockdown, the bulk of it going to fintech, artificial intelligence, security and blockchain technologies.”In April, the government announced plans to inject £500 million into promising start-ups and scale-ups, further improving confidence in the sector and indicating we can expect job vacancies to rise as investor-backed tech companies grow,” added Mr Franklin.Otta found that software engineering, product management, design and data analysis continued to be the most important specialisms for tech companies. Last month, more than half of the advertised jobs were for these roles, with software engineers being in particular demand.In London, however, fintech dominated the tech jobs market with 843 roles listed as ‘currently live’. Read more via RelocateMagazine

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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