New year sees a rise in demand for UK contractors
Contractors will be pleased to hear that a recent report from APSCo has revealed consistently positive GDP figures, which shows a real and sustained recovery in the professional jobs market.
Latest figures from the Association of Professional Staffing Companies (APSCo) show some notable hotspots in the professional temporary and contract sector.
For example, accounting and finance performed particularly well with placements up by a massive 25% since the beginning of the year, and the picture is continuing to improve for IT contractors with advertised vacancy levels for longer term contracts rising by 22% year on year.
John Nurthen, Executive Director International Development of Staffing Industry Analysts who compile and analyse the data for APSCo commented, “It’s good to finish the year on a high, especially after such a sustained period of sluggish growth. Many staffing company executives are starting to sound positively bullish about the prospects for 2014 and it’s not surprising given the latest UK data we see across the whole industry.”
Ann Swain, Chief Executive of APSCo, added, “The latest GDP figures coupled with more recent reports that the UK is expected to grow 3% next year sets the stage for a continued recovery in the UK professional jobs market. While we have tentatively been talking ‘recovery’ for some months, this latest data is the most encouraging yet and we believe that 2014 will be the year of the professional jobs comeback.
These figures are very much supported by a recent Venn Group survey, which revealed that its own index of hiring activity shows an overall increase of 17% in contract and interim vacancies across the UK.
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