Contractor News Roundup: July 2020
The latest Recruitment and Employment Confederation (REC) report has revealed great news for contractors, showing that temp billings have continued to rise.
According to the latest Report on Jobs findings, temporary positions have risen for the sixth consecutive month in a row.
During January of this year, UK job vacancies across both the contracting and permanent sectors have increased at their sharpest rate since April 2011.
Tom Hadley, REC director of policy and professional services said, “The war for talent has begun. Skills shortages in whole sectors like engineering and IT and for particular roles like chefs, drivers and sales is spurring competition for qualified staff. Employers are realising that to secure the talent they need they have to offer more attractive salaries.”
The REC report found that all four English regions posted growth of temp billings during last month, with the strongest expansion being signalled in the North. The most sought-after contracting sector was the nursing/medical/care area, with engineering/ construction and accounting/financial workers also seeing significant improvements in demand for their services.
Partner and Head of Business Services at KPMG, Bernard Brown, commented on the findings, “Amid the doom and gloom caused by predictions of slow growth, the hiring figures for January should give employers and employees plenty of reasons to be cheerful.”
Please visit our Contractor News page for all other news.
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