Partner Article

Job availability falls 11% across the North East

Venn Group Contract Recruitment Index

August 2015

“Monitoring contractor demand across the North East”

Contract Recruitment Index highlights

Overall vacancy levels dip by 11% NHS procurement departments to streamline hiring activity Tech sector still thriving Rates climb to an average of £358 per day

Overall numbers of job vacancies fall, with an 11% decrease in July

The July 2015 North East Recruitment Index recorded an 11% month-on-month decrease in job availability with 3,520 vacancies advertised, compared to 3,955 in June 2015.

Stan Murray Hession, Director of Venn Group, commented:

“The North East has witnessed a slight dip in hiring activity throughout July, which is typical of the summer months leading up to September. However, there have been other areas which have slowed down independently of this trend, particularly within the NHS which faced delays as new projects reached the approval stages. However, there has been an increase of roles within procurement departments as trusts reviewed their hiring processes to streamline their staffing and reduce expenditure on interim staff.”

Contractors’ rates climb despite dip in vacancy levels

The average rate for those securing jobs in July 2015 has risen, with contractors now receiving an average of £358 per day across the region.

Stan Murray Hession continued:

“The North East’s tech sector has continued to thrive despite this dip, with sources suggesting it has grown by 3% in the last three months. One Newcastle start-up, Omlis, a mobile payments security business, is set to treble its size before the end of the year. It secured over £20m in contracts across Europe, South America, the Middle East and Africa over the next five years. This is just one example of the success stories within the region, reflected by a huge rise in demand for IT professionals – particularly project managers who are commanding average rates of £390 per day, well above the typical regional rate of £360 per day. It is likely that the IT and tech sectors will help to drive the North East forward, and we should see vacancy levels in all sectors rise as September approaches.”

ENDS

This was posted in Bdaily's Members' News section by Venn Group .