January saw job demand skyrocket

(2 minutes to read)

The beginning of 2020 saw a massive spike in demand for contractors up and down the country.

January saw a significant rise in demand for talent, with contract vacancies up 84% month-on-month.

That’s according to the latest monthly Recruitment Trends Snapshot report from the Association of Professional Staffing Companies (APSCo) in conjunction with growth analytics platform cube19.

Ann Swain, Chief Executive of APSCo commented on the latest data, “After a slow December which was heavily impacted by political uncertainty, we’ve seen a welcome rebound in hiring activity. Skills shortages are rife, which can only mean increased opportunities for recruiters and while the government has introduced a National Skills Fund as a way of growing our own talent to mitigate talent gaps in the future, access to skilled professionals from Europe and beyond must be maintained.”

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Contract placements were also up year-on-year by 5.3% with recruitment firms reporting a tight candidate market and ongoing skill shortages across all professional sectors.

Jo McGuire, Global Sales Director at cube19, added, “Thankfully, it looks like the clouds are beginning to clear as we move away from Brexit. After years of political stalling there appears, at last, to be a purpose and direction back in the economy. With that in mind, after the December blip, 2020 could well be a bumper year for the recruitment sector with a return to financial consistency as businesses take the blinkers off with regards to spending and re-engage with hiring.”

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