Demand for contractors in Scotland on the rise
Latest figures from the Bank of Scotland Report on Jobs have shown that IT contractor demand has increased significantly during October of this year.
The recent report revealed that overall, the Scottish labour market performed well within the last month, within both the contractor and permanent sectors.
The rise in demand for both freelancers and limited company contractors has been the fastest increase since July of this year; pay rates for contractors have also increased during October.
According to the figures, six of the eight temporary industry sectors grew last month, with the engineering sector seeing a significant rise in demand, as well as experiencing a four-month high.
Donald MacRae, Chief Economist at Bank of Scotland, said, “The Labour Market Barometer rose in October to its highest level in five months showing a rising number of people in both permanent and temporary jobs and an increase in the number of vacancies.
Following the low point reached in July, the Scottish labour market is steadily improving in spite of the economic slowdown in the summer months and showing a rising number of people in both permanent and temporary jobs and an increase in the number of vacancies.”