THE BOSS of engineering and technology recruiter Gattaca yesterday said the UK's current shortage of STEM skills is continuing to hit firms.

CEO Matthew Wragg said yesterday that the London-listed firm was "well placed" as it entered a new financial year seeking to break even, despite a limited supply of the "niche" skills.

"There remains a shortage of candidates which plays to our key strength of deep knowledge and understanding of our sectors and niche STEM skills," he said.

A lack of STEM skills has left gaps in employment across a raft of sectors.

At the beginning of the month, BAE Systems Digital Intelligence found that 97 per cent of decision makers from 'high trust' firms in defence and aerospace said they were struggling to gain a digital advantage across data, people and tech amid the shortage.

The UK Commission for Employment and Skills also revealed earlier this year that 43 per cent of STEM vacancies were hard to fill due to a shortage of applicants.

(c) 2022 City A.M., source Newspaper