The professional jobs market is showing encouraging signs of revival in the light of recent increases in GDP, which climbed by 0.6% last week.
So says new data from the Association of Professional Staffing Companies (APSCo), which reveals strong increases in professional contracting vacancies and permanent opportunities. Umbrella Company Employees contracting in the property and construction industry enjoyed especially strong demand for their skills during June, with contract vacancies soaring by 69%; permanent vacancies within the sector rose by 59%.
The APSCo data confirms the findings in a recent survey by the Royal Institution of Chartered Surveyors (RICS), which showed that new construction projects are now underway in most parts of the UK. 21% of surveyors report increased workloads.
The engineering jobs market has also performed well, with a 22% month-on-month increase in contracting roles and a 17% rise in permanent vacancies.
Meanwhile, in the marketing sector, a major disconnect has emerged. APSCo’s member organisations have made 21% fewer placements this year than in 2012, despite the number of vacancies remaining the same. This suggests a major contraction in candidate availability – a skills shortage that skilled Umbrella Company techies and other freelance contractors are making up for to some extent, but which is nonetheless approaching a critical level.
APSCo chief executive Ann Swain welcomed the upward trends in the professional jobs market, noting that the RICS survey confirmed that construction organisations were “ramping up their hiring activity for what looks like the beginning of a recovery.”