Umbrella company IT contractors may want to consider moving to the capital or the south-east of England in their bid to secure a contract.
According to research from ReThink Recruitment, IT work in those areas has increased. In fact 64% of all England’s IT vacancies were in London and the south-east. Before the recession two years ago the figure was 58%.
Rethink Recruitment’s director Michael Bennett said that the economic crisis prompted the banking sector to invest significantly in risk management and compliance systems and this has led to recruitment demand increasing substantially for candidates with the requisite skills.
There has also been a wave of financial institution mergers which has fuelled demand for candidates to deal with post-merger integration of IT systems.
Meanwhile, the REC’s latest Report on Jobs shows that there has been significant improvement in demand for freelance IT workers. In the last 12 months, the REC’s index rose from 43.3 to 56.9.
Dave Pye from the REC said that a lot of the growth has been in the pharmaceuticals and financial services sectors where people with business technology skills are in much demand. Whilst demand is likely to ease somewhat, the REC still expects to see growth over the next few months as companies become more confident.
The Jobs Report also showed that contactor opportunities improved across all industries last month.
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