Figures released by the Bank of Scotland have shown the Scottish labour market is enjoying a strong recovery, with demand for contractors and permanent staff increasing in all sectors. A corresponding pay rise has also been experienced.
The Bank of Scotland’s Report on Jobs for April showed that IT contractors were in the highest demand, followed closely by engineering and construction experts. Underlining the shortage of IT and digital specialists, these professionals also topped the list of in-demand permanent staff.
The number of vacancies for permanent staff increased at the highest rate since September 2007, while growth in contractor and temporary assignments experienced the fastest growth since July 2008. Edinburgh experienced the strongest growth in employment, while Glasgow experienced a strong increase in candidate availability.
The Bank of Scotland’s Chief Economist Donald MacRae commented:
“The April report has recorded the sharpest rise in demand for permanent staff in over two and a half years, which is further evidence of the recovery in the Scottish economy. Appointments to permanent jobs increased for the seventh consecutive month and vacancies for permanent jobs increased for the fifth month in a row, which is very encouraging. The Labour Market Barometer shows labour market conditions lagging slightly behind the UK, reflecting Scotland’s later exit from recession.”
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