The latest Purchasing Managers Index from the Bank of Scotland was published at the beginning of the week and umbrella company contractors should be able to take heart from the results.
4.132m people in the UK are now self-employed according to the latest employment statistics from the ONS. That’s an increase of 136,000 since February 2011.
The latest Report on jobs from the REC/KPMG suggests that AWR might after all be having an affect on temporary recruitment. If that were to be true, it could be a matter of concern for umbrella company contractors.
Recruitment agency Adecco recently said that the number of job vacancies was on the increase last month, news that will no doubt delight IT umbrella company contractors.
Umbrella company contractors working in the financial services sector could see more demand for their services after PricewaterhouseCoopers and the CBI announced that the sector was still growing.
The UK could be about to lose a large proportion of its IT and finance professionals and, if that happens, there should be more opportunities available for umbrella company contractors.