Growth in IT contractor demand fell in September 2022 for the fourth month in a row.
Measured by the REC, the IT contractor market received no bounce from the government moving to repeal IR35 reform.
However, “deepening economic uncertainty” had the biggest impact on the IT contractor job market in September according to The REC and KPMG, meaning workers predominantly chose to “stay put” rather than progress onto new opportunities.
According to the Report on jobs, technology recruiters were “in short supply” in September due to a severe lack of contractors skilled in Cyber Security, Development, and IT/technology.
Writing in the report on Jobs, The REC’s Neil Carberry put job-seekers on notice, warning that “any economic slowdown this winter will affect the market”
After reflecting following the reports publication he acknowledged that “a slower market later in autumn is likely” however “The UK labour market is so tight that hiring is likely to remain a priority for firms, even as they come under pressure and restructure their businesses,” he said. “So, while the market will likely slow this autumn, I don’t see a substantial drop-in activity in the near term.”
For the full article, please click below:
For the latest industry news, click here: https://searchdatagroup.co.uk/data-live-data-analytics-industry-news/