Staff placements and temp billings continue to rise in the job market as unemployment rates fall to 4.0%. Reported by the Office for National Statistics (ONS) the UK unemployment rate is now at it’s lowest since 1975. Naturally, the reduction in unemployment levels corresponds with strong hiring growth. Though the ongoing decline in candidate shortages…
The latest REC/IHS Markit’s Report on Jobs revealed some very promising news for contractors, particularly for those in the IT and computing sector. Research revealed that the slight softening of demand for contractors in June was an anomaly, as a surge in demand was spotted once again in July. Demand for IT contractors In…
While the heat wave might have taken a bit of a dip, pay rates seem to be hotting up this summer! In what can only be good news, temporary workers and contractors continue to enjoy inflation in pay rates. Neil Carberry, the new REC Chief Executive observed, “Across the majority of sectors, both temporary and…
The outlook of the UK job market in 2018 continues to look promising for contractors. Vacancies, billings and pay rates remain encouraging, persistently growing throughout December and into the New Year. According to recruitment agencies surveyed for the REC/IHS Markit Report on Jobs, the introduction of new projects and a greater demand for short-term workers…
It has been a turbulent few months in economic, political and social landscapes. For contractors, there have been huge variables from Brexit, to IR35 concerns that have influenced the state of the job market. Nonetheless, various sources including the IHS Markit/REC Report on Jobs indicate a soar in contractor demand. As a result of this,…
Contractors and freelancers will be pleased to learn that temporary placements increased at a sharper rate than permanent placements, according to REC’s latest job report. The demand for temporary/contract workers has increased throughout the UK with the two prominent areas being Scotland and London. 36.5% of recruiters stated that their billings received from the employment…
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