Latest Article: Contractors Market has grown in Scotland
Posted by: Imber on Oct 20, 2014
According to the latest Bank of Scotland Report on Jobs for September 2014 also shows a slowdown of demand and contractor agency billings in Edinburgh’s financial centre.
Thanks to Aberdeen’s oil & gas industry and contractor shortages in Dundee’s video game development centre, the contractors market has broaden in Scotland over the last month. The city has shown a radicall grothw of contractors in less than a month due contractor’s shortage over the city.
“Two of the three main contractor centres of excellence in Scotland, oil and gas and video games, are performing strongly,” notes ContractorCalculator CEO Dave Chaplin. “These sectors offer opportunities to contractors throughout the UK, as there are not enough suitably skilled local candidates to meet demand.”
Donald MacRae who is Bank of Scotland’s chief economist suggests: “September’s Barometer showed a continuing rise in the number of people appointed to both permanent and temporary jobs, although at a lower rate than recent highs.
“The Barometer is showing almost four years of monthly improvement resulting in the rate of unemployment in September of5.5%.The Scottish economic recovery continues.”
IT & computing together with engeneering and constructions are the sectors where contractors are needed the most right now. Accounting & finance is placed below the other sectors mentioned previously. This reflects the lack of financial activity and the drop of the financial sector on the nation.
Overall contractor availability fell again during September and at one of the sharpest rates in the survey’s history.
“For some months now, Scotland has been experiencing increasing contractor candidate shortages,” continues Chaplin, “offering new contract opportunities to contractors elsewhere in the UK who are willing to relocate.”
Chaplin concludes: “Once the financial sector is back on trend, then Scotland’s contract market will be firing on all cylinders. The challenge then facing clients will be to entice contractors from elsewhere in the UK and overseas to move.”
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