Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
Demand for IT executives has fallen for the second month in a row according to a monthly survey of the major top-end employment sectors.
According to the Executive Demand Index from headhunting firm E.L
Consult, the Information Technology index was the one sector to fall in
July, losing 3% compared with the previous month. The drop follows a
similar fall in demand over June.
Meanwhile, the finance, engineering, management, engineering and marketing sectors all experienced a growth in demand.
According to E.L Consult, the latest news coupled with the performance
of the IT jobs sector over the past two years, does not paint a very
positive picture of the long-term employment outlook.
"The clearly volatile nature of this index series shows that the IT
market cannot be relied upon to provide long-term jobs growth. Despite
the general buoyancy of the market in the past two years, the IT market
has risen to a lesser extent than other indices," E.L Consult wrote in
its report.
To make matters worse, E.L Consult believes that rising interest rates
will start to have a negative impact on overall jobs growth. However,
this will be offset to a degree by a general federal and state
governments spending binge.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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