By Jonathan London on 21st October 2014

Freelancers are more optimistic about their prospects

The majority of self employed contractors are feeling optimistic about their future work prospects, new research has found.

According to a survey of almost 1,400 contractors conducted by Procorre, 57 per cent felt ‘fairly’ or ‘very’ optimistic about the next 12 months and the opportunities that it would bring.

Out of all those surveyed, only 17 per cent were pessimistic about the next year.

These results are extremely encouraging given that many contractors have found the last 12 months to have been somewhat difficult, with just a third of those surveyed (34 per cent) saying that they had found it ‘easy’ to gain work.

However, at 47 per cent, almost half of the contractors stated that they have already seen the opportunities and economic activity within their specific sector increase, suggesting that the concerns raised by those who had difficulty in accessing work were something of a blip.

Lisa Mangan, relationship manager at Procorre, said: Some contractors have found opportunities hard to come by over the last year but the majority are feeling buoyant about the outlook for the next 12 months….

It is hoped that this will help contractors to continue feeling optimistic about their work and further encourage those who were thinking of taking the first steps to becoming self employed to do so.

Ms Mangan added: Project budgets were hit by the recession but as businesses start to increase spending contractors should reap the benefits. Businesses are dusting down and investing in projects that were previously put on hold until they were in a more economically secure position.…

This news comes after The Recruitment & Employment Confederation (REC) and KPMG found in their latest Report on Jobs that there has been an increase in the demand for temporary IT contractors. In fact, in September 2014, the demand was at the highest it had been since 1998, suggesting that as the economic recovery is picking up, so is the need for freelancers and the skills that they have to offer.

As businesses increase their spending there is a real feeling that the economy has turned the corner and there will be many more projects for contractors to get their teeth into,… Ms Mangan added.

Jonathan London Written by Jonathan London

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