The British technology industry experienced a 16% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by BT Group with 1,299 job postings according to GlobalData’s analysis of technology company job postings. GlobalData’s Technology: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for an 18% share of the British technology industry new job postings in Q3 2023, down by 21% over the prior quarter.
Computer and Mathematical Occupations drive technology industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 18% of the total new job postings in Q3 2023 and were down by 49% year-on-year. Second highest were Management Occupations, which accounted for 17% and drop by 41% year-on-year, and third highest were Sales and Related Occupations, which were 3% of the new job postings and 30% lower year-on-year.
Top five companies in technology industry accounted for 29% of hiring activity
The highest number of jobs were posted by BT Group with 1,299, followed by Vodafone Group with 867, while the highest increase was at Capita at 18%.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q3 2023, buy the report here.