Digital Transformation Through Agile Delivery
IT Agility AbilityTM
Digital Transformation Through Agile Delivery
IT Agility AbilityTM

IT Contractor demand drop to lowest in 26 months

By . December 20, 2018
The IT contractor jobs index slow down that occurred for the last 5 months took a downturn in August making it the lowest that market has been for monthly growth in over 2 years with an index score 58.7, 1.6 lower than June and July where the score experienced a plateau. Despite the market being at its lowest, the market is still experiencing growth - an index score over 50 shows growth compared to the previous month.

A report from REC signals that contractors and employers may have been off during the holiday period, thus the demand decreasing.

According to Kevin Green, Chief executive, REC, the UK job market is “entering a new phase”. Kevin explains due to the shortage of talent, employment will still see a growth, but the growth will be at a slower pace compared to the past two years.

With the expected growth of the market and shortage of skills, contractors may see longer contracts and improved pay as employers will want to retain the contractors possessing skills that they are in need of.  

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