Close Menu
The London News
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Vimeo
    The London News
    Subscribe Login
    • Tech
    • Fitness & Health
    • Business
    • Finance
    • Food & Drink
    • Lifestyle
    The London News
    • Terms & Conditions
    • Privacy Policy
    • Advertise With Us
    Home»Tech»Concerns over ‘brain drain’ in IT as application levels tumble
    Tech

    Concerns over ‘brain drain’ in IT as application levels tumble

    EditorBy Editor17 May 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Job applications have tumbled in the IT sector, raising concerns over further skills gaps increases, according to new research from the Association of Professional Staffing Companies (APSCo).

    The data – provided by the world’s largest network of job boards, Broadbean Technology – revealed that the rate of Applications Per Vacancy (APV) have fallen consistently since August 2023, when IT jobs reported an APV of 82.91. By December this had dropped to 59.19. The number of people applyying for contractor IT jobs also fell from 130.01 in September to 96.55 by the end of the year.

    While vacancies also decreased – with permanent and contract roles down (44% and 38% respectively) month-on-month in December – this fall in APV rates indicates that fewer experts are looking for new jobs in an already skill short sector.

    Ann Swain, Global CEO of APSCo, commented:

    “We’ve already heard rumours of further tech layoffs at some of the big players including Amazon, so the downward trend in vacancies reported towards the end of last year is unsurprising. However, this data isn’t reflective of a recruitment market that is in dire states. Demand for IT professionals is still being influenced by skills shortages, which makes the decline in applications we’re seeing a concern. With fewer jobs to apply for, we would expect to see applications remain stable, but they have plummeted. The shortage of available talent is further evidenced in the APV rates which again, we would expect to see increase when jobs fall. Clearly the talent tech crisis is far from over.”

    Featured Photo by Danial Igdery on Unsplash.

    • Editor
      Editor
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleHappy employees help to make stock prices more accurate
    Next Article World-Renowned Data Governance and Master Data Management visionaries
    Editor
    • Website

    Related Posts

    AI Revolution in Emerging Retail Markets: Moazzam Kamran’s Vision for the Future

    25 August 2025

    Quantum-Resistant Encryption: Preparing for the Post-Quantum Era of Cybersecurity

    10 July 2025

    Surprise: London Fails to Rank in UK’s Top 10 Cities for EV Owners

    10 June 2025

    Wash Doctors closes latest investment round as demand for at-home car care services reaches record highs

    29 May 2025
    Our Picks

    StayCotswold Map Reveals the Best Dog Walks in the Cotswolds

    11 September 2025

    Dorset Cottage Holidays Teams Up with Brakeburn and Isle of Purbeck Golf Club to Launch the Ultimate Autumn Dorset Getaway

    11 September 2025

    Etpl appoints Oakvale Capital as exclusive investment banker to lead capital raise and growth strategy

    11 September 2025

    Discover Wellness-Essary: The Female-Founded App Transforming Wellbeing

    10 September 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Our Picks

    Beat the classroom bugs

    2 September 2025

    London’s Biggest Bowie Lookalike Competition Announced by ZIGGYFEST

    29 August 2025

    Miracle Man Ismail Crosses the Finish Line in Walk2Help challenge for Forget Me Not Hospice

    27 August 2025
    Subscribe to Updates

    Subscribe to Updates

    Get the latest creative news from The London News

    Facebook X (Twitter) Instagram Pinterest
    • Terms & Conditions
    • Privacy Policy
    • Advertise With Us
    © 2025 by The London News.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.