Positive news for UK contractors, as recent research shows that vacancies rose sharply during last month. The latest IHS Markit/REC Report on Jobs also found that despite contractor billings increasing at the softest pace since April, growth remained comfortably above the survey average. Broad-based growth of demand for contract / temp staff was reported in October – the strongest increase was signalled for nursing/medical/care workers, followed by Blue Collar and accounting/financial. Overall, growth of demand for contractors remained stronger than that for permanent staff in the public sector.
Kevin Green, REC Chief Executive, commented, “Last month, recruiters helped even more people find permanent jobs – this is great news as it shows that employers are continuing to hire. However, the data also shows that growth is slowing down and one of the reasons is that we simply do not have enough people for all the roles that are out there at the moment. And the number of vacancies is still getting higher.
“For jobseekers this is good news as employers are willing to pay higher starting wages to attract the right candidates. “We already know that EU workers are leaving because of the uncertainties they are facing right now. We therefore need clarity around what future immigration systems will look like. Otherwise, the situation will get worse and employers will face even more staff shortages.”