SJD Accountancy

Latest CV-Library figures show a strong start to the new year

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We always keep an eye out for the latest stats from CV-Library, and we’re delighted to see that the first set of the year shows a positive start to 2017 for limited company contractors, freelancers and other workers.

New figures published in mid-January indicate a significant increase in job searching activity across the board, with a 55% rise in people looking for a new role in 2017, when compared to December 2016. Granted, you might expect that December would be lower than average, but a 55% increase is still a very sizeable hike in numbers. And from an industry sector perspective, manufacturing has one of the highest levels of activity – with an increase of 71.8% in applications during January.

In terms of new opportunities being advertised across the UK, Birmingham showed the greatest increase – with over 50% more roles being advertised than in the previous month. Manchester was 2nd at 47.7% and Leeds was third at 47.5%. So, if you’re looking for a new contracting opportunity in the Midlands or the North of England, now is definitely a good time.

The overall upturn in hiring activity was also clear when looking at the number of applications for new roles in the first month of 2017. Bristol saw an increase of 70.1% over December 2016, followed by Birmingham with 68.9%, Liverpool at 68.3%, Manchester with 66%, Cardiff on 62% and Southampton at 60.6%. Dropping below the 60% bracket – but still with significant increases in applications, were Portsmouth, Sheffield, Brighton and Edinburgh with 59.2%, 52.2%, 48.9% and 47.3% respectively.

Commenting on these statistics, Founder and Managing Director of CV-Library Lee Biggins said, “January is always a busy time for recruitment, as businesses get back into the swing of things and many candidates look for their next opportunity to kick-start the new year. With application rates soaring, competition amongst candidates is fierce, but as business confidence is so high, now is the best time for job hunters to make the most of the abundance of opportunities available to them.”

We’re aware that these figures also include permanent roles, but the overall trend for 2017 is clearly a very positive one, and one which should reap rewards for proactive limited company contractors, as well as people who have not yet discovered the wonderful world of contracting.

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