Latest findings show that there has been a significant drop in the number of vacancies and applications in the engineering sector.
The Association of Professional Staffing Companies (APSCo) report, using data provided by Broadbean Technology, revealed that economic uncertainty and skills shortages are behind the fall in both vacancies and applications.
Commenting on the findings, Ann Swain, Global CEO of APSCo, said, “While we expect to see vacancies and, subsequently applications, decline towards the end of the year, the falls reported in engineering are concerning.
Need help deciding between Limited or Umbrella? We are happy to help- give Sophie a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com
“The UK has battled skills shortages in the sector for some time and while a slowdown in recruitment eases some of the pressures on talent pools, the drop in applications – particularly in contract roles – suggests there is a tightening of the labour market.
“The first quarter of 2024 will be a telling time for the strength of engineering recruitment and we expect to see demand slowly pick up once again.”
To find out more about contracting please contact Zeeshan on 01206 591 000 or email zeeshan.anwar@contractorumbrella.com.
Trusted by over 1,200 employees |