Contractor billings rose sharply in September

Umbrella company contractors will be pleased to learn that a recent report has shown positive results for the UK’s contracting sector. The latest IHS Markit / Recruitment and Employment Confederation (REC) Report on Jobs revealed that contractor billings rose sharply during September. Looking at a regional analysis, the quickest rate of contractor / temp billings was reported in Scotland, closely followed by the North of England. The data also found that Blue collar achieved first place in the rankings for contract / temporary staff demand during last month, while nursing/medical/care scored second place.

All remaining categories also saw steep increases in demand. Kevin Green, REC Chief Executive, commented on the recent report, “Recruiters are finding it even harder to find people to fill vacancies. Candidate availability has been falling for the past four years and the record high UK employment rate plus a slowdown in the number of EU nationals coming to work here is exacerbating the situation, potentially leaving roles unfilled.

“Across the UK permanent placements are slowing, but London is faring worse with placements declining for the first time in eleven months and the financial sector in particular struggling to recruit for roles such as audit, payroll and risk. “Low-skill roles are also hard to fill in areas like food processing, warehouses and catering – sectors that employ a higher proportion of people from the EU than others across the economy. We urge the government to ensure any new immigration system includes provisions for low-skilled and temporary workers so that warehouses, supermarkets and restaurants can access the people they desperately need.”

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