According to a recent article on the ContractorCalculator website, August 2014 saw a spike in opportunities for construction and engineering contracts. The category was catapulted to first place on the demand league table, meaning it was up from third place in July.
The article suggests that Scotland could be a very lucrative place for contract opportunities, as the country also saw increased pay for their contractors. Their availability also fell – at a more rapid pace than the rest of the UK – for the fifteenth month in a row.
In addition, the current ‘Bank of Scotland Report on Jobs’ reveals that, in terms of European oil and gas capital, Aberdeen witnessed the biggest increase in both contract and permanent recruitment during the month of August. Dave Chaplin, ContractorCalculator CEO, believes that this implies that the oil and gas sector’s recovery is now picking up speed after months of stagnation.
The ‘Bank of Scotland Labour Market Barometer’, which gives insights into the overall wellbeing of Scotland’s jobs market, also witnessed a strong return; stating that the economic recovery continues, with business confidence remaining high. Their reading showed an increasing number of workers appointed to both temporary and permanent jobs.
However, Scotland’s financial hub, Edinburgh, witnessed a significant fall in contractor and employee demand and growth. This is largely down to the slow summer months usually associated with the financial sector, which was also evident in London.