Technology news and Jobs 
Technology people IT&T jobs still on a downhill slide
Technology people IT&T jobs still on a downhill slide | IT&T jobs still on a downhill slide |
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| by Stan Beer | |
| Sunday, 04 May 2008 | |
Related storiesMost 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 XMLThe IT&T sector fell again last month by 1.92%, bringing its fall to 9.73% in 3 months. Recent news that big four bank Westpac is planning to send more of its functions offshore will augur ill for IT&T, according to Olivier, as well as the embattled Financial Services and Banking sector which itself has fallen 11% over the past 3 months. Olivier Group blames the declining jobs market on tightening of monetary policy by the Reserve Bank. With speculation about a further interest rate rise on the horizon, business is taking a wait-and-see approach to recruitment, according to Olivier. “Clearly we aren't in the record breaking job market of 2007 any more,” says Robert Olivier, a Director of the Olivier Group. “We're hearing stories of contractors being pulled off jobs and projects being mothballed.” The majority of jobs available in the IT&T sector are for Software Development & Engineering skills 34%, followed by Sales & Marketing roles 20%, according to the April Olivier report. “Recent business confidence surveys have consistently been showing lowered expectations, and that's being reflected in hesitancy about employing new staff,” says Robert Olivier. A key indicator is that graduate job ad numbers were down 6.1% in the month.
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  written by lpapworth, May 05, 2008
Indices that rely on job ads to tell us how the sector are doing are no longer sustainable. Unless the Olivier Job index and others include social network ads - WOM that we pass around facebook, techie forums and linkedIn - there is no way of knowing how many staff are being staffed through online community sites. And bottom line, if I had a telecomms technicial position to fill, I'd be engaging with the whirlpool.net.au community, not wasting time with old media. Bless them, but seriously, IT&T;have always used social media to get jobs, just more so now.
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