The latest Bank of Scotland Report on Jobs has revealed positive findings for the UK’s contracting market.
Umbrella company contractors based north of the border, will be pleased to hear that there has been continued growth in temporary staff placements, as well a rise in rates of pay during March.
Although growth of contractor job vacancies was at a six-month low, these figures were still strong overall.
Looking at a regional analysis, Edinburgh saw the fastest rise in billings from the employment of temporary staff, as well as the most marked increase in temp hourly rates.
With regards to different sectors, the Report on Jobs has found that it was the nursing/medical/care sector, which saw the fastest rise in the demand for temporary/contract staff in March. Secretarial & clerical meanwhile climbed above both engineering & construction and accounts & financial, to second place in the ranking.
Donald MacRae, Chief Economist at Bank of Scotland, commented on the report, “The Barometer reading for March was the joint-second highest in the history of the survey reaching pre- recession levels. The number of people appointed to jobs increased accompanied by a strong rise in job vacancies during the month.
“The number of candidates available for permanent jobs fell contributing to a robust rise in starting salaries. This tightening jobs market provides more evidence of increasing business confidence and embedding of the growing recovery.”
Lisa Keeble is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
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