Contractors based in Scotland will be pleased to hear that recent figures show marked increases in temporary staff placements.
The latest Bank of Scotland Report on Jobs revealed that despite growth in contractor billings slightly easing since December, it was nevertheless sharp overall.
The report also found that contractor demand remained significantly high during January, as did hourly rates of pay.
Edinburgh reported the fastest increase in contractor placements for the second month in a row, with Glasgow registering the sharpest rise in hourly pay rates.
All eight sectors showed vacancy growth, with the nursing/medical/care leading the way for the sixth consecutive month. IT & computing came second on the list.
Donald MacRae, Chief Economist at Bank of Scotland, said, “January showed a further marked improvement in Scotland’s labour market returning the Barometer to pre-crisis levels of 2007.
“The number of people appointed to both permanent and temporary jobs increased rapidly while vacancies rose sharply across all sectors. The recovery in the Scottish economy is not only continuing but is strengthening as we enter 2014.”
Findings from last months Recruitment and Employment Confederation (REC) and KPMG Report on Jobs found similar results, showing that growth of contractor/temporary billings was signalled in each of the English regions during January.
Demand also rose for all nine sectors used in the report, with the engineering sector leading the way.
Bernard Brown, Partner and Head of Business Services at KPMG, said, “Employer confidence continues to grow, with the thirst for new staff hitting a fifteen-and-a-half year high in January.
“In a week showing improvements to UK construction figures and growth across the Eurozone manufacturing industry, it shouldn’t come as a surprise if other sectors begin to report peaks in performance.
If you’re interested in making the move from permanent to contracting, why not download our FREE 60 page guide to Contracting through your own Limited company.
For more information on contracting, speak to a member of our new business team on 01442 275789 or email firstname.lastname@example.org.