Technology-based startup activity is set to add 20,000 jobs to the UK economy this year, according to research from job search engine Adzuna.
The findings, based on an analysis of more than a million job advertisements and the hiring patterns of technology startups, have revealed that coders, digital marketers and product managers are among the most in-demand jobs.
According to the report, published in May 2015: “Technology-based startups around the country are currently hiring for 12,003 positions, up 40 per cent from 8,554 positions six months ago and up 80 per cent year on year.”
Startups in the UK are raising money like never before and this is leading to significant job creation
The majority of the new positions can be found in the south of the country, with London responsible for 51 per cent of the total share of technology-based startup jobs. Following London, the country’s south east is responsible for 14 per cent of new jobs, eastern England for 6 per cent and north west England for 7 per cent.
Startup firms King, behind the popular Candy Crush Saga app, Viagogo, an online event ticket marketplace for secondary buyers and sellers, Songkick, a live music startup, and Onefinestay, offering short-term rentals of luxury homes, top the list of companies behind the job surge.
Andrew Hunter, co-founder of Adzuna, said: “These exciting new figures show that the technology space in the UK has never been hotter. Startups in the UK are raising money like never before and this is leading to significant job creation around the country and, similarly to the Silicon Valley, UK tech companies are now able to stand toe to toe with the City competing for Britain’s top talent.”