UK tech sees sudden surge in vacancies

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