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Vacancy levels in the South West jumped by 11% between quarter one 2014 and quarter four 2013 which can be attributed, in part, to a thriving aerospace sector. That’s according to the latest contract and interim employment update from Venn Group.

In particular, demand has been for software developers and professionals with Python, PMO and infrastructure development experience. This is in keeping with the well-publicised announcement by Airbus, that it has delivered a record number of aircraft over the past year. This strong demand for professionals has pushed the average day rate for interim professionals up to £286.

Sundeep Bakshi, Venn Group’s Director of Operations in the South West commented:
“The findings of our report are extremely positive and reflect the upturn in fortunes experienced across the region. Much of this has been led by aerospace and defence companies, but investment shown in other areas of the market is promising and should prompt further good news for the region’s jobseekers. For example, the development of a £26.7m advanced technology centre outlined by the West of England Local Enterprise Partnership, should boost employment over the coming months."

“Elsewhere, within the public sector, there was increased demand for IT professionals leading up to the financial year end. Traditionally, quarter one is a busy time for talent in this sector as organisations look to use their residual budget to upgrade existing IT systems – and this year was no exception.”

Venn Group – The UK’s only company dedicated to the provision of professional contract and interim staff to organisations in both the private and public sectors – compared hiring levels between quarter four 2013 and quarter one 2014 across all of its core regions:

• London
• The North West
• The North East
• The South West
• Thames Valley
• The Midlands
• Central & East

For further information, or to request a full copy of the report, please contact Bruce Callander on or 01582 790090

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