IT, banking and financial contractors see a rise in demand
Contractors will be pleased to hear that job vacancies have risen at a significant rate, with the IT, banking and financial sectors doing particularly well between July and September.
The report, carried out by Robert Walters, found that during these months, UK job vacancies rose at a much faster rate compared to the first two quarters of the year.
The European Jobs Index revealed that during the second and third quarters, the number of available vacancies grew by more than 5%; this figure was just 4% in the first half of 2013.
Contractors working in the IT Sector, banking and the financial sectors will be particularly interested to learn that these were the best performing areas, with IT job volumes growing by 18%, which is believed to be due to a rising tide of business start-ups in the UK; accounting and finance was up by 16%.
The Midlands had the biggest rise in quarterly vacancies, increasing by 6%, followed by London and the South East, which saw a 2% rise.
Chris Hickey, CEO of Robert Walters UK, said, “It is encouraging that demand for many positions continues at a pace, with more and more individuals prepared to take roles outside of London and even commute from the capital.
“Banking and financial services is on the rise as institutions appear quietly confident that growth is sustainable, with many increasing the size of their revenue generating departments. Other encouraging signs of growth are coming from the IT sector as companies look to add staff to bolster their mobile and e-commerce teams.”
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