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Increased demand for contractors in Scotland

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The Bank of Scotland Report on Jobs for August has revealed that contractor’s job opportunities have increased over the past month.

The report also found that the permanent labour market has also seen a rise in vacancies, however, the sector is also seeing a decrease in placements, which suggests that employee supply is not meeting demand.

The findings revealed that the sector with the strongest rise in demand was for computing and IT contractors.

Bank of Scotland chief economist, Donald MacRae, said, “The Scottish labour market showed a welcome improvement in August, with increases in temporary jobs.

“However, appointments to permanent jobs fell for the second successive month, illustrating the challenge of maintaining the overall trend of increasing employment.

“The Scottish economy is showing resilience in the face of the global slowdown.”

The research is very much supported by the recent REC’s (Recruitment & Employment Confederation) Report on Jobs, which revealed that the demand for contractors has risen significantly during August, for the first time in nine months.

REC’s Chief Executive Kevin Green commented on the results, “This month’s data shows yet again the remarkable level of resilience within the UK labour market as it continues to outperform predictions.

“Recruiters tell us the first rise in the placement of temp workers in nine months is because employers are calling on that flexibility offered by agency staff as a way to grow to meet recent increases in demand, like that seen last month in the service sector.

“It’s also a sign that changes to Agency Worker Regulations last year have not resulted in any significant negative impact on the market for temporary labour as some predicted they would.”

Please visit our Contractor News page for all other news. To discuss this story further visit our SJD Accountancy Blog.

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