Vacancy levels in the North West have risen by 48% between quarter one 2014 and quarter four 2013 thanks to growth within the City’s digital hub. That’s according to the latest contract and interim employment update from Venn Group.
Increased investment into the City’s digital sector has had a knock on effect on the employment market, with a particular demand for IT professionals comments Stan Murray-Hession, Venn Group’s director of operations in the region:
“With recent reports that Manchester has been named Europe’s second largest digital hub, we would expect the current demand for IT specialists – in particular programme managers - to remain steady, and in some cases heighten, as we progress through the year. Furthermore, we have also noted an upward pressure on rates as a result of the niche skill sets employers are seeking. Contractors are, in some case, being offered in excess of £280 a day and we see no sign of this trend abating”.
“Elsewhere, we have seen a huge demand for conveyancing specialists from law firms across the entire North West. This is perhaps unsurprising given the huge growth in both the residential and commercial property markets. It has, however, resulted in a scramble for talent from the region’s law practices who are increasingly utilising locums to plug permanent skills gaps.”
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:
• 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 firstname.lastname@example.org or 01582 790090
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