2024 UK financial services job applications dropped 57-62%, highlighting skills shortages.

UK financial services job applications plummeted due to persisting skills shortages, with permanent applications dropping 57% between Apr-May 2024 and 62% year-on-year, while contract applications fell 55% for the same period and 48% year-on-year. Vacancies decreased by 25% for permanent roles and 26% for contract roles, but the significant drop in applications emphasizes the ongoing skills gap issue in the sector.

June 24, 2024
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