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VIRTUALISATION ICT jobs: The bottom is in, the bounce is real
VIRTUALISATION ICT jobs: The bottom is in, the bounce is real | ICT jobs: The bottom is in, the bounce is real |
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| by James Riley | |
| Thursday, 06 August 2009 | |
  
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The ICT sector was the strongest performer across the economy in job growth outside of the tourism sector. Overall, the Olivier Job Index found the rate of decline in online job ads was just 0.41 per cent in July – compared to a 4 per cent decline in May and the freefall decline of late last year and early 2009. The data suggests that the bottom may be in across the whole economy, although Olivier is hesitant to declare it. “There are the inevitable variations, some quite significant, between occupations, industries and states but the general thrust is that we are finally turning the corner,” the July Olivier report says. “We’d like to see a couple of months of sustained improvement in job advertisements before we call a ‘recovery’,” But the ICT sector gains in July were strong. The number of ICT jobs advertisements is still 52 per cent below its year ago level – but an increase of 6.5 per cent July is a strong indicator, the report says. “The IT sector was the stand out in July with an 8.38 per cent increase in job ads,” Olivier said. “This is a surprise bounce back from an industry that has performed below the national average and one where, with business investment a weak link in the economic landscape, prospects were not that bright.” “The biggest growth has been seen in demand for software developers, 35 per cent of all advertisements, and therefore, the bellweather guide to the state of the IT market,” it said. More broadly, the index found the recovery in jobs across the economy is dominated by part-time job creation rather than full time. The trend is consistent with previous recessions, as employers are not quite convinced the worst is over and don’t want to get locked into employing full-timers. |
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