• Last 7 Days
    • Last 1 Month
    • Last 2 Months
    • History

Limited company services news | PayStream

Get Adobe Flash player

2.6% increase in UK contract vacancies

Limited company contractors, freelancers and other workers looking for their next role during October 2016 had their pick of 2.6 per cent more vacancies than there were in September this year.

This is the finding of new jobs market analysis from Adzuna, which reveals there were more than 1.1 million opportunities for contractors advertised in the UK in October in total.

In addition, there were slightly fewer job hunters going after each vacancy during the month, with a drop of 0.03 per cent recorded in comparison to September. Although only a small decline, this still means there was less competition for contractors going after their next role, and suggests that the skills shortage may be easing slightly.

Pay rates for workers also increased during October, with a significant rise of 5.9 per cent recorded for rates in the healthcare and nursing sector. This is most likely due to healthcare companies wanting to recruit more workers to cope with higher demand over the colder winter months.

 

Doug Monro, co-founder of Adzuna, commented: "The jobs market has opened up new, lucrative opportunities for jobseekers as the number of total vacancies is on the up and catering to a wider and diverse talent pool."

He added that with the Christmas season upon us, contractors specialising in certain sectors - such as hospitality, catering and retail - can expect to see an even greater increase in the number of opportunities available to them in the run-up to December 25th.

Mr Munro explained: "Jobseekers looking to earn additional income can take advantage of the Christmas seasonality at a time when temporary and part-time roles become most accessible.

"Vacancies within the retail sector are especially attractive due to the flexibility and lower entry level requirements."

Therefore, contractors and freelancers need to make sure they are putting themselves forward for any suitable opportunities throughout December, as nobody knows what the first few months of 2017 will bring.

With Britain looking set to begin the official process of leaving the European Union early next year and January and February traditionally being fairly slow hiring periods, it's important that contractors are taking advantage of available vacancies now.

 

Image: g-stockstudio via iStock


Previous Videos

2.6% increase in UK contract vacancies

Wednesday 7th December, 2016
Limited company contractors , freelancers and other workers looking for their next role during...

90% of freelance consultants 'unaffected' by upcoming Brexit

Wednesday 7th December, 2016
The majority of freelance consultants do not think that Brexit will negatively impact their workload.

13.6% year-on-year growth recorded for contract opportunities in November

Monday 5th December, 2016
Contract opportunities increased by 13.6 per cent between November 2015 and November 2016, new figures show.

Financially confused self-employed could benefit from limited company service

Friday 2nd December, 2016
Self-employed workers who struggle with managing their finances could benefit from working through an umbrella company.

Better broadband hopes for UK contractors and freelancers

Thursday 1st December, 2016
IPSE is hopeful that improved broadband is on its way to freelancers in the UK.

A lunch break doesn't have to be a minefield when you're a contractor

Wednesday 30th November, 2016
Limited company contractors don't have to navigate the office workers' lunch break minefield.
1 2 3 4 5 6 7