Contractor News Roundup: July 2020
This month’s Monster Employment Index shows an increase in online demand in almost every sector of contracting. Overall, UK demand has grown by 2% on last month’s index and is up 15% year on year. Online job availability increased the most in automotive, whilst gains were also reported in IT, marketing, PR and media, and hospitality and tourism. Apart from France where online job opportunities were stable, all major European countries monitored by the Index reported increased offerings – with the UK reporting the largest annual increase in online worker demand across these traditionally contractor-friendly sectors.
Andrea Bertone, Head of Monster Europe, commented, “The ongoing rise in online recruitment activity throughout the first quarter of the year coincides with other positive economic indicator shifts, as in business and consumer confidence, to reflect further departure from the recessionary conditions of the recent past. Whilst there is some way to go until job availability returns to the high levels seen in the summer of 2008, many regions are showing slight signs of stabilisation. The UK saw opportunities jump year-on-year, whilst Sweden exhibited the strongest growth over the past quarter.”
The Monster Employment Index Europe provides monthly insight into online recruitment trends across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job boards, including Monster. Because recruitment typically precedes actual hiring by a month or two, the Monster Employment Index is considered an important leading labour market indicator, and an early gauge of the overall economy.
Contractor links: IR35 advice, IT contractor accountants, tax advice for contractors, contractor tax calculator, accountants to contractors, contractor accountants in Aberdeen, Newcastle, Manchester, Leeds and London.
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