One new study has recently revealed that there is a serious shortage of skilled and experienced technology professionals, scientists, and engineers in the UK.
More companies are phasing out their overseas IT contracting needs and instead looking closer to home by using local recruitment agencies and umbrella service companies.
While most umbrella company contractors have been experiencing pay rate increases over the past two years, one sector has actually seen negative growth.
According to a recently released report, the number of women joining the ranks of freelancers and umbrella company contractors has gone up significantly as a result of the economic recession.
While August was a bad month for opportunities for permanent workers in Scotland, a new report says that freelancers, contractor, and umbrella service workers saw a marked increase in the number of job placements.
A new windfarm will be built in the Outer Hebrides soon, after the Scottish government has given the go-ahead for Stornoway to be the site of the green energy solution - and umbrella company contractors look ready to be poised to capitalise on the news.
It was recently revealed that nearly one out of every two contractors working in the UK use either a recruitment agency, an umbrella service company, or some other form of personal service company, according to a survey from FPS Group.
According to the latest research findings from FPS group, the majority of contractors working in the UK use resources such as umbrella service companies and recruitment agencies to find new projects and employers.
Whether they work as a freelancer or as part of an umbrella service company, the number of Brits comfortable with interim work dwarfs the rest of Europe.