UK Job Market Growth 2013
Eden Scott Reports 16% Job Vacancy Growth
With recent reports highlighting that the UK economy has thrust itself back into growth mode, avoiding a much dreaded triple dip recession, Eden Scott are delighted to announce job market growth after an exceptionally busy January 2013.
Comparing the number of vacancies in January 2012 and January 2013, Eden Scott has witnessed a staggering 16% growth in the number of job vacancies being advertised. Demand has been particularly strong within high growth sectors such as Information Technology, Renewable Energy and Oil and Gas.
2013: A Good Year For Information Technology
After a challenging year in 2012 combatting the double dip recession, IT jobs in Scotland are set to increase in 2013. Realigning focus, businesses are now leading with innovation, investing in talent in order to develop new products and services.
Peter Dunn, IT Consultant at Eden Scott comments "2013 promises to be the year when IT recruitment goes truly mobile in Scotland and Eden Scott’s IT team have made taking a candidate centric approach our key focus".
The Year For Green Energy
The renewable energy industry is currently undergoing significant policy change which will have a large impact on investor confidence as we move from the previous ROC incentive system for renewable power generation to Contracts for Difference (CfD's) as part of the UK government's EMR (Electricity Market Reform) process.
Michael Lynch, Divisional Manager for Renewable Energy at Eden Scott, believes that even though the indsutry is still awaiting further clarity on the detail and full impact of EMR, the renewable energy sector will continue to exhibit high growth, rapid acceleration of R&D and a focus on cost reduction throughout the offshore renewables supply chain in 2013.
Sustainable Growth in North Sea Oil & Gas
Oil and gas investment continues to see substantial growth; industry experts expect a total of 50,000 jobs will be created in 2013. The production of shale gas in the US is currently experiencing a boom period, therefore new exploration opportunities in the UK will also increase this year.
With the recent positive announcements around the tax incentives on offer and the price of oil being stable at a high rate for the past few years, operators will continue to invest in oil and gas.