The decline varies significantly by sector
In local and regional government, the share of flexible workers fell from 13% in 2022 to 7% in 2026. In the energy and utilities sector, this share dropped from nearly 25% to 11%. The financial services sector has fallen from a peak of 28% to around the market average of 18%. Logistics, transport and manufacturing is the exception. Here, the share of flexible workers increased from 8% in 2022 to 12% in 2026, even though the number of assignments is approximately 60% lower than four years ago.
A national percentage tells organizations only part of the story. The availability of external professionals is closely linked to sector, expertise and contract preferences.
What does a smaller flexible talent pool mean for organizations?
In the short term, the current market offers organizations a relatively wide range of professionals to choose from. The number of applications per assignment is more than three times higher than at the beginning of 2022. However, the flexible labor market has become structurally smaller. When demand for external specialist expertise increases, organizations will be drawing from a smaller pool of professionals, and availability could change rapidly. That is why it is important to look beyond the number of applications. Which skills and expertise remain available? Which professionals are moving into other sectors? And which groups continue to have a strong preference for independent work?
Want to know how the availability of independent professionals is developing in your sector? HeadFirst, powered by Vertage, combines up-to-date external hiring data with labor market data. This provides insights into the latest trends in talent availability, sector preferences and external hiring. The latest Talent Monitor brings together all the key figures and analyses. Find out what is happening in the flexible labor market and what it means for your organization.