Umbrella company contractors will be pleased to learn that the latest Report on jobs has revealed positive news for the UK’s self-employed sector.
The recent findings carried out by the Recruitment and Employment Confederation (REC) and KPMG have shown that hourly rates of pay for contract and temporary workers has increased at the fastest pace in nearly eight years.
This may be due to the fact that contractor availability has decreased considerably, declining at a marked pace that was similar to that seen in March.
According to the Report on Jobs research, those in the nursing/medical/ care sector led a broad-based expansion in demand for contractors, with the secretarial/ clerical sector reporting the next strongest rise in demand.
Looking at a regional analysis, the Midlands continued to remain the strongest performing area for the self-employed sector, with the slowest growth being reported as coming from the north.
Kevin Green, REC chief executive, commented, “We urge the new government to start to tackle the UK’s looming jobs crisis.
“We’ve seen higher numbers of vacancies being posted by businesses as they seek to capitalise on increased demand.
“This is good for job seekers… However we question how sustainable this jobs boom is as skill and talent shortages become rife. The availability of staff has been falling for two years, with 40% of recruiters saying that the situation is getting worse month on month.”
Lisa Keeble is the Managing Director for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual.
Learn more about Lisa on Google.