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Market Stats: Page 9

Contracting grows by 12%, contributing £100bn to UK economy, reveals new PCG research
Contractors & freelancers contribute an estimated £100bn to the UK economy. The sector has grown by 12% since 2008, says PCG’s latest Kingston report.

Mobile interactivity a growth sector for contractors, as social media & SEO declines
Contractors are facing a client demand shift towards mobile interactivity, and away from social media and SEO, according to Freelancer.co.uk research.

IT contractor demand dominates Scottish contracting market, but growth is slowing
Demand for IT contractors in Scotland continued to outpace the rest of the UK in June, but there are signs that contacting sector growth is faltering.

Oil and gas contractors are vital to UK’s success, but tax policy holds sector back
Oil and gas contractors play a key role in the contribution offshore makes to the UK economy, but taxation remains a problem, says Oil & Gas UK.

ContractorCalculator Market Report July 2012
Contractors in core contracting disciplines have good long-term prospects, but demand would be higher were it not for the Agency Workers Regulations.

Contractor prospects buoyed by rising consumer confidence and skills shortages
Contractor prospects are looking cautiously optimistic, with REC’s JobsOutlook predicting rising consumer confidence will filter down to businesses.

IT contractor demand falls sharply in May: budget tightening and AWR to blame
IT contractor demand fell sharply in May as the contracting market experienced further deterioration, thought to be due to client budget cuts and AWR.

ContractorCalculator Market Report June 2012
Contractors are well positioned to provide solutions to many of the economic, skills shortages and labour force challenges facing the UK economy.

Demand sustained for contractors in IT and engineering as contract market falters
Contractor demand in the core contracting disciplines of IT and engineering is sustained despite softening conditions in the wider contract market.

ContractorCalculator Market Report May 2012
Contractors across all disciplines appear to have encouraging prospects, but UK economic performance and the eurozone crisis remain a concern.

Financial services sees rising growth, optimism and jobs – new contracts could follow
Contractors can look forward to improving contract opportunities in financial services firms, with rates also likely to increase for some skills.

ContractorCalculator Market Report April 2012
Contractors in the core contracting disciplines of engineering, IT & interim management continue to experience sustained demand and positive outlooks.

ContractorCalculator Market Report March 2012
Contractors are facing highly volatile markets for their services, and those who adopt and apply sales and marketing skills will stay in contract.

Good contracting prospects in UK’s oil and gas sector, reveals latest salary guide
UK oil and gas contractors are predicted to enjoy a buoyant 2012 with increasing sector growth, according to The Oil & Gas Global Salary Guide 2012.

ContractorCalculator Market Report February 2012
Contractors received a PR boost in Davos and have a target rich contract market if they can pick the winning sectors of the UK’s two-speed economy.

IT and engineering contractor demand keeps Scottish contract market buoyant
IT and engineering contractor demand helps keep the Scottish contract market from a marked contraction with Aberdeen leading on temp billings & pay

Contractor demand in core contracting disciplines ends 2011 on a high
Contractor demand in engineering and IT continued to grow in December 2011, according to the latest reports from KPMG/REC and Monster.

ContractorCalculator Market Report January 2012
Contractors in core contracting disciplines continue to do well despite weakening economic conditions, and this looks set to continue through 2012.

ContractorCalculator Market Report December 2011
Contractors across several contracting disciplines will continue to find ongoing opportunities in sectors forecasting growth and skills shortages.

Contracting’s core engineering and IT sectors buck the trend of labour market decline
Contractor demand, particularly in the engineering and IT sectors, is outpacing permanent recruitment, according to two key labour market surveys.

ContractorCalculator Market Report November 2011
Contractors in core contracting sectors such as IT are suffering from fluctuating demand, but the longer-term prospects for contractors are promising.

ContractorCalculator Market Report October 2011
Contractors are receiving very mixed messages from the UK’s labour market, with demand becoming increasingly stratified in specific sectors.

Contractor demand sustained in Scotland, outperforming the rest of the UK
Contractor demand in Scotland rose “markedly” in August, with a small increase in rates, according to the Bank of Scotland Report on Jobs for August.

UK jobs market “incredibly resilient”: contract hiring growth led by IT & engineering
Contracting continues to grow, driven by new client projects and a preference for ‘temp to perm’ recruitment, says the new REC/KPMG Report on Jobs.

ContractorCalculator Market Report September 2011
Contracting maintains its lead over the mainstream labour market, & contractors may find an unexpected market close to home – other micro businesses.

UK’s 1 million+ IT contractors and permies make up 4% of workforce, an all-time high
The UK’s IT workforce has reached an all-time high of 1.093m workers, accounting for 4% of the total, says e-skills UK.

IT contractors lead demand leagues in Scotland, where contract rates continue to rise
IT contractors, and their permanent counterparts, lead the demand tables in Scotland, according to July’s Bank of Scotland Report on Jobs.

ContractorCalculator Market Report August 2011
Contracting is pulling ahead of the mainstream labour market as demand for IT, engineering and interim management contractors continues unabated.

Contractors can help win ‘war on talent’, filling skills gaps as demographics shift
Contractors are the solution to Randstad Workmonitor’s ‘war on talent & skills mismatch’, filling skills gaps as global worker demographics shift.

IT contractor rates are soaring as skills shortages emerge
IT contractor demand surged 28% year-on-year, according to trade body APSCo, with rates growing as skills shortages develop.

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