APSCo Broadbean Engineering Sector Report - January 2024
While we expect to see vacancies and, subsequently applications, decline towards the end of the year, the falls reported in engineering are concerning. The UK has battled skills shortages in the sector for some time and while a slowdown in recruitment eases some of the pressures on talent pools, the drop in applications - particularly in contract roles - suggests there is a tightening of the labour market.