Feeds

Hopes dashed for UK IT jobs recovery

Sits Not Vacant

  • alert
  • submit to reddit

High performance access to file storage

Hopes that the UK's IT jobs market might be making a recovery were dashed today following confirmation that the number of vacancies suffered their worst drop since the economic slowdown began 18 months ago.

The number of vacancies slumped 38 per cent in the last three months of 2002 according to the CWJobs UK Quarterly Regional IT Skills Index.

It seems the dip has put an end to hopes for an early recovery in the IT jobs markets, especially after earlier figures suggested that the rate of decline was slowing down.

The East Midlands was the worst hit region in Q4 2002, with the number of vacancies dropping by 45 per cent, closely followed by the West and Wales (43 per cent).

Overall, all regions suffered a fall in available jobs with every part of the UK seeing over a third less IT jobs advertised than in Q3 2002.

For the whole of 2002, the IT jobs market fell by 76 per cent. The Midlands suffered an 80 per cent fall in IT job vacancies while Central London racked up a 62 per cent decline in advertised IT vacancies.

Nigel Sterndale, publisher at CWJobs said: "While these statistics paint a worrying picture for the IT jobs market, it is important to remember the seasonal influence on these figures - the run up to Christmas is traditionally very slow for the recruitment industry as a whole.

"We have seen recruiter confidence rise significantly since the New Year and the market is looking much healthier for IT job hunters," he said. Which is nice. ®

Related Story

Hint of UK recovery for IT jobs

Top three mobile application threats

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.