Feeds

UK IT jobs decline – worst over

More permies

  • alert
  • submit to reddit

Build a business case: developing custom apps

The worst could be over for the UK's IT job market with industry watchers claiming that the recent decline has bottomed out and is expected to start growing again next year.

According to the annual Employment Trends Report from IT recruitment outfit Elan there are signs that the IT jobs market could be picking up with more companies looking to sign up contractors next year.

Four in ten companies currently employing contractors are expecting to increase their vacancies over the next year, the report found.

However, any improvement is expected to be patchy. The north is the most positive with three in ten of companies predicting they will have one to five permanent IT jobs available within the next 12 months. Scotland is the most pessimistic for jobs growth.

Says Kate McClorey of Elan: "Although the figures show that the market continues to be quite depressed, with companies still announcing redundancies and reeling from scandals that have affected the economy, we do believe that the worst is finally over.

"We predict that by the end of 2003 the IT jobs market will begin to steadily grow again - but it will not be a boom. However, we are seeing spending levels starting to increase - especially in certain areas such as security and in particular vertical markets - such as the public sector."

She continued: "My advice to IT workers is to weather the storm and for contractors in particular, to accept that wages may be lower and conditions harsher than they are used to. Their best option is to look at the growth areas in IT today and try and match their skills against those needed for these roles so they are ready when the market picks up."

However, the UK IT contractor market is shrinking in the long term as companies look to longer-term solutions to solve their staffing problems. At the same time, more and more contractors are looking for a permanent position to help insulate themselves against chilly economic conditions. ®

Boost IT visibility and business value

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.