contractors could see opportunities increase in Scotland after the latest Bank of Scotland PMI was revealed this morning (May 14th).
The organisation said that job creation continued at a robust pace last month, with the service sector seeing high levels of growth.
It comes after the PMI index showed private sector output continue to grow at a solid rate, albeit slightly lower than the 11-month high of March.
Significantly, job creation continued at a similar pace in April and could lead to more umbrella company
contractors finding opportunities over the next few months.
Donald MacRae, chief economist at Bank of Scotland, said that figures show the Scottish economy is continuing to withstand turbulent waters elsewhere.
"April saw the PMI reach its second highest level in nine months with the sixteenth consecutive month of expansion. Growth was concentrated in the services sector with manufacturing output declining in April after two monthly periods of growth," he explained.
"New export orders grew for the second month in a row while employment grew in the month with the rate of job creation maintained."
He added that the figures reveal that the Scottish economy has "negotiated the downturn at the end of last year with a minimum fall in output and encourages hopes for a return to growth in 2012".
Meanwhile, contractors in the information technology sector could be among those to benefit after figures published recently by recruitment agency Adecco revealed that IT vacancy numbers grew in March.
There was a three per cent increase in opportunity numbers in the technology sector, while the public sector continued to improve by showing a two per cent rise in vacancy numbers.
Steven Kirkpatrick, managing director of Adecco, added that the introduction of Agency Worker Regulations has had a minimal impact on the way UK businesses operate.
Posted by Amy Scales