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info@commonwealthcontractors.comThe REC’s Director of Research, Roger Tweedy, said that “The current figures really do show we have a transitional jobs market borne out last week by the slight decrease in the unemployment figures. Confidence among employers about their hiring intentions has stayed the same level as last month. At the same time, their reliance on temporary and contract staff is still strong but it is starting to ease slightly. The long-term prospects for the jobs market ties in with forecasts that private sector investment and trade will start accelerating in the second half of the year. However, until then, our jobs market will show signs of volatility until the infrastructure for private sector growth is in place to enable more jobs to be created within it.”
Recently a new report by CWJobs.co.uk and JobsAdWatch revealed that there has been a surge in IT Contract vacancies during the first quarter of 2011. The report showed an 11.1% increase in the number of IT Contract vacancies advertised and also recorded a five quarter increase in contract rates. The report found that:
- 5.7% increase in demand for permanent IT professionals
- 11.1% increase in the number of IT contract vacancies advertised
- Contract rates have increased for five quarters in a row
- 80% of all contract vacancies are being advertised in the south of the country
- London and the Midlands saw a rise in demand for contractors of over 10% during the last quarter
- 46.4% of demand came from Software houses
- 35.8% of demand came from financial institutions
Commonwealth Contractors
At Commonwealth Contractors we partner with OISC Registered Private Immigration Firms and Tier 2 Licensed Healthcare and IT Consultancies who may be prepared, where required, to sponsor an individual on a Tier 2 Visa (formerly UK Work Permit). If you are a highly skilled International professional and you would like to work in the UK Commonwealth Contractors can help. Our OISC Registered Partners specialise in Tier 1 General (formerly Highly Skilled Migrant Programme) visa applications and can assist those highly skilled individuals that either wish to apply or extend a Tier 1 General Visa.
For more Information call Commonwealth Contractors now on 0330 390 9021 or Submit your Details and we will get right back to you. Please see other areas of the Commonwealth Contractors site for interesting articles on tax, immigration and contracting.
