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41.5% increase in contractor opportunities in Brighton in last year

Friday 4th August, 2017
Limited Company
Limited company contractors based in Brighton had 41.5 per cent more job opportunities to choose from in July 2017 than in the same month last year, new data shows.

Statistics from CV-Library reveal that the number of vacancies on offer to contractors, freelancers and other job seekers rose by an average of 8.3 per cent over the past 12 months, but this growth was markedly higher in some locations.

Behind Brighton's significant increase were substantial rises in Manchester (18.2 per cent), Leeds (13.6 per cent) and Edinburgh (also 13.6 per cent).

This indicates that contractors are in much greater demand this summer than last, but at the same time, competition for jobs increased, meaning workers need to be doing more to stand out from the crowd and demonstrate the value they can add to a firm when applying for a role, even if it's just for a short-term contract.

On average, the number of job applications received by recruiters for each advertised role across the UK increased by 1.1 per cent during July, but the rise in competition was much higher in some parts of the country.

For example, Bristol saw the number of applications per role rise by 6.5 per cent over the course of the month, followed closely by Guildford where an increase of 6.3 per cent was recorded.

Meanwhile, there were 5.9 per cent more applicants per role in Southampton, 4.4 per cent more in Brighton and 3.3 per cent extra in Dundee. This metric also increased in Leeds (by 2.7 per cent), London (2.4 per cent), Newcastle (1.8 per cent) and Manchester and Liverpool (by 1.3 per cent in both).

These increases were concentrated more in some industries than others, with those applying for IT roles facing the greatest rise in competition of 9.4 per cent over the month, followed by accounting roles (7.6 per cent) and engineering positions (3.3 per cent).

Commenting on the report findings, Lee Biggins, Founder and Managing Director of CV-Library, said: "It's extremely positive to se that candidate appetite has picked up over the last month, especially given that application rates were down in June as a result of general election uncertainty.

"Bristol in particular is performing really well right now and plenty of other locations in the top ten are thriving hubs for certain industries in the UK. For businesses, this presents an exciting pool of talent to choose from, while candidates should be prepared to pull out all the stops if they want to stand out from the competition."

To make sure they stand out from the crowd, limited company contractors and freelancers need to ensure they are as highly-skilled as possible in their field so that prospective clients can see the value they will be able to add to their business immediately when looking at their CV or cover letter.

This may mean contractors need to take time out from their day-to-day roles to go on courses to upskill themselves, but PayStream's limited company accountancy service My PSC is always on hand to provide support with the administrative side of running a business while contractors are working on making themselves more competitive.

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