IT&T jobs take a big dive in June amid 2008 downturn

Stan Beer
Sunday, 06 July 2008 15:56

IT People - Enterprise

According to Best, the biggest single decrease was seen in security positions (-32.72%) followed by team leaders, database developers and systems administrators. On the positive side, consultants, trainers and project management all recorded modest increases of around 7%.

Best claims that this points to projects coming towards an end and new projects yet to start and could be attributed to the Financial Year end as this can cause project starts to be delayed until budgets are approved and the new Financial Year has commenced.

It would appear to be a toss of a coin as to whether the more optimistic forecast of Best is a better guide to how the second half of 2008 will shape up for IT&T jobs than the cautiously gloomy prognostications of Olivier. However, rising interest rates, a deteriorating global economy and a downturn in the overall jobs market continue to cast a pall over the future of the market.