Umbrella company contractors and freelancers will be pleased to learn that the latest Venn Group Contract Recruitment Index has revealed positive news regarding the sector.
Data from the recent research has shown that the recovery of job availability has returned to London; a 50% month-on-month jump in opportunities has been recorded across the private sector and business demand for contractors within the private finance sector has increased by over 100% compared to August.
Jodie Finn, Director at Venn Group, commented on the finings, “We’re happy to see a return to the normal rate of job availability within London’s private sector. We had expected a busier month following August’s summer slowdown, but we were pleased by the speed and strength of the bounce-back. It has been a great year for contractors in the capital, and we have to work harder than ever to make sure we’ve got the best candidates available to meet rising demand.
“This is a trend we’ve seen around the UK but once again London’s private sector is leading the way, with a greater jump in new job availability than any other region. Though the UK economy has grown strongly over the last year, London has leapt ahead with more than 3% growth year-on-year. 2015 has been a great year for the private sector and, following last month’s dip, we expect to see even greater demand for talented contractors to finish the year stronger than ever.”
He added, “We’ve long known that London is an increasingly attractive centre for international finance, but we were astounded by just how much demand has risen over the last month. We worked closely with our contractor network to prepare them for a rise in demand following the quieter summer period, but we’re happy to have been able to meet the demand of so many employers that were looking to get back to business. The private sector has come back from the summer refreshed and ready.”
Simon Dolan is the Sales & Marketing Manager for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
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