SJD Accountancy

Contractor demand continues to grow in Scotland, while permanent placements fall

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The recent Bank of Scotland’s Report on Jobs, has revealed excellent news for contractors, with it’s latest figures showing that contractor vacancies have continued to grow for 40 successive months, while permanent placements have fallen.

According to the Bank of Scotland findings, the only region not to see a growth in temp billings was Glasgow. 

Permanent placements fell during February, while temp staff billings continued to grow within this month, marking an impressive 40 successive month of growth.

With regards to the different sectors, demand for contractors rose within five sectors during February. The strongest increase was posted for Nursing/Medical/Care, with the latest rise also the greatest for over two years.

In the previous Report on Jobs, Scotland saw the strongest increases in permanent and temporary appointments in eight and 23 months respectively, with recruiters largely linking this to greater client demand. 
 Concurrently, average pay rose further, with the rates of inflation quickening since November.

Donald MacRae, Chief Economist at Bank of Scotland, said of the latest findings, “The February Barometer showed Scottish job market conditions continuing to improve but at a marginal rate.

“The number of people appointed to permanent jobs fell for the first time in six months while the growth in vacancies for permanent jobs was the slowest for over a year.

“The rate of growth in vacancies for temporary jobs remained strong although slowing to a three-month low. These results highlight the fragility of the recovery from the recession.”

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