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Australian IT jobs ads drop like a stone
Technology people
Australian IT jobs ads drop like a stone | Australian IT jobs ads drop like a stone |
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| by Stan Beer | |
| Friday, 07 March 2008 | |
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Page 2 of 2 The best growth was for the small IT job segment,
‘instruction/ training/ writing documentation’ (1793 jobs) rising 5.9%
in February.Featured Whitepaper
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Most popular skills tags.NET Active Directory C# Cisco Development HTML Infrastructure Management Network Oracle Project Management SAP SDLC SQL Server Support Sybase TCP/IP Unix VB.NET Web Services/SOAP XML“Last year the job market was resilient to interest rate rises but our February result suggests the RBA (Reserve Bank of Australia) is finally having an effect,” Robert Olivier said. “Although the employment market is still strong, business confidence has been shaken and employers need confidence to hire.” “This may be the tipping point into negative territory, and it could get worse as a result of last week's interest rate rise,”says Robert Olivier. “But it is still a very strong employment market”. Another worrying sign, according to Olivier, is the fact that February is usually one of the most bouyant months for the jobs market. "February is usually the month the jobs market bounces back after the end of year lull. February has been a bellwether – last year it was up 4.39% heralding the very strong year which followed. However, this February hasn't picked up over January as much as last year, or previous years," Olivier stated. “Business confidence has been shaken by many economic factors, and hiring depends on confidence. Employers may be adopting a wait and see attitude. There has been a lot of negative economic noise around. Other economists have noted there's an over reaction, given good business conditions, so the jobs market may not continue to deteriorate as we fear." |
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