IT jobs market plunges in July: report

Stan Beer
Thursday, 07 August 2008 16:15

IT People - Enterprise

Best warns that the contract work space is not exactly booming either:

"The Contract market has fared slightly better than the Permanent market returning an overall increase of 0.76%.

"This is a marginal increase but still points to maybe the hesitancy of organisations to fully commit to permanent hiring when there is so much uncertainty about the market place. All sectors seem to share the increase and decrease with the notable decreases being in Hardware Engineers (45.45%) and Sales positions (64%).

"Balancing this, Security and Team leaders have recorded increases of 62.07% and 65.22% respectively. This can be attributed to the stage that these projects are at and the need to finish projects off but using the Contract workforce to do this with the uncertainty of forthcoming work."

In a worrying conclusion, the previously optimistic Best report finishes on a gloomy note.

"It could well be that the worldwide slowdown could finally be having an effect on the IT market in Australia."