A high profile business with a global client-base recently approached a Recruiter I know for assistance with making a number of appointments, ideally on a temporary basis, with a view to taking the best candidates on as permanent members of staff. They asked about market conditions and this is what the recruiter told them…..
“The interim / contract market has been slow for much of the year with downward pressure on day rates. There are still a number of good interims / contractors without work at the moment so employing good people on an interim basis shouldn’t present any problems, but these people are typically not looking to go permanent at £50k or below.”
Sounds like a reasonable assessment of the market in a nutshell.