![]() |
Professional Indemnity Insurance
PI Insurance for contractors + public and employers' liability cover - find out more. |
Contract jobs market still growing, but at a slower pace
Posted Feb 21, 2011
The latest CWJobs / JobsAdsWatch survey of the IT employment market shows that while the demand for permanent IT staff continues to grow strongly, the contract job market is growing at a much slower pace.
The number of permanent IT jobs advertised grew by 4.6% between the third and final quarters of 2010. Over the same period, the number of IT contract positions available grew by 0.9%.
Contract rates continued to improve throughout 2010, with median rates up 5% compared to the same period 12 months ago.
The regional findings of the report show that a massive 81.3% of all contract vacancies advertised are in the South, although the growth in vacancy numbers was the lowest in the South (0.9% rise) and highest in Scotland (6.4% quarterly rise).
Software houses and financial services companies make up the majority of demand for contract workers (46% and 34.8% respectively), with demand for financial services contractors down in the final quarter of the year. This trend has reported elsewhere, with the latest Powerchex report showing a massive drop in demand for financial service contractors during January 2011.
You can find out more statistical information at JobsAdsWatch.
Contractor Services
- Professional Indemnity Insurance - Essential cover from Hiscox
- Helix Management Ltd - Up to 90% retention. Same day payments.
- Contract Experts - ClearSky Accounting on 08000 325 326
- InTouch Contractor Accounting - personal service & clear advice
- Parasol - the UK's favourite umbrella company
- Umbrella Company - 12,000 contractors can't be wrong!
- Together we're stronger! - Join PCG, representing contractors
- Cloud 9 Group - Umbrella Solutions only £27.50 per week
- Qdos - IR35 experts - Providers of low cost contractor insurance
- K & B Accountancy Group - Fixed fee contractor accounting only £75pm
- Free IR35 & Tax Review - Call ICS on 0800 195 3750
Related Articles
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|




