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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 | |
  
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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 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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