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Hirings on the rise
Article Appeared In: The Australian - www.australianit.news.com.au
Author: Jennifer Foreshew
Date: August 04, 2009
THE technology sector is showing early signs of recovery, with a lift in hiring intentions last month, led by contracting roles.
According to recruitment specialists, a lift in permanent recruitment is, however, at least six months away.
The latest Olivier job index shows a swift turnaround for hi-tech, with online vacancies up 8.38 per cent, seasonally adjusted, in July. The overall national market was steady, dipping 0.41 per cent.
Technology was the best performer of 17 sectors surveyed last month. In June, technology vacancies were down 1.91 per cent.
The strongest IT job categories were software development and engineering (up 8.6 per cent last month), followed by internet graphics and multimedia, which rose 8 per cent. Management and sales vacancies also improved 2.7 per cent.
Olivier Group director Robert Olivier said there was consensus that the market was turning for the better, with contracting most in favour. “What has caught us by surprise is the extent of the upturn in IT,” Mr Olivier said.
“I would expect it to keep on improving unless this is a bit of a statistical aberration. So we might get a correction this month, but the general feeling is still positive.”
Peoplebank chief operating officer Peter Acheson said there had been an incremental improvement, which was likely to continue. “There is clearly much greater hiring intention on behalf of our large corporate and government clients,” Mr Acheson said. “We are certainly starting to see more contracting jobs come through, but permanent remains pretty flat.”
Peoplebank’s quarterly IT&T salary index showed a firming in the number of contractors being hired in June — a 5 per cent rise over the previous quarter.
Mr Acheson said a return to permanent hiring was not expected for a further six to nine months. “The thing that tells me this has got some sustainability, too, is the fact that we are continuing to see clients hiring skills you would typically associate with the commencement of projects,” he said.