According to one estimate, the IT and telecoms sectors will be in need of more than 129,000 new recruits by 2020 - twice that of other sector averages.
A new report by the Organisation for Economic Co-operation and Development that states high jobless rates are likely to continue across the eurozone doesn't seem like good news to many - but umbrella company experts say that this could spell good news for contractors and freelancers looking to pick up extra work.
With the news that the government has announced its newest enterprise zone will be located in Cornwall, career experts say that the new initiative could lead to a surge in job offers for umbrella company contractors working within the aerospace industry.
The Recruitment and Employment Confederation recently announced that the Summer Games could bring loads of new opportunities for contractors, especially in the capital.
Service contractors working for umbrella companies in the UK could benefit from a skills shortage currently plaguing mid-sized companies in the UK as the sector struggles to fill key positions, it was recently suggested.
The 'Olympic effect' could bring revenues as high as £16.5 billion and more than 62,000 jobs to the UK, with contractors working for umbrella companies poised to capitalise on the knock-on effect brought by the Summer Games.
Finance contractors working for umbrella companies could stand to reap the benefits of the expansion of Marks & Spencer's financial services division, with around 500 new roles needing to be filled in order to provide staff and support services to the M&S Bank branch network.
If you're working as a consultant, freelancer, or a contractor looking to maximise your take home pay (and who isn't, in this economy?), joining an umbrella company might be just the thing for getting you the most out of your freelance business.
When it comes to umbrella company contractors and permanent workers alike, the most resilient jobs market in the UK is in the Midlands, according to a new jobs report from the Recruitment and Employment Confederation.
Rapid growth has been predicted for Scotland's energy industry, with the prospects for umbrella company freelancers and limited company contractors very good as a result, according to Scotland's first minister.
IT contractor demand is still high in the North, with businesses operating across the border are demonstrating increased demand for the third consecutive month.
After it was discovered that he neglected to declare nearly £2 million in earnings, one IT contractor now faces jail time for income tax fraud, it was recently revealed.