Feeds

Hopes dashed for UK IT jobs recovery

Sits Not Vacant

  • alert
  • submit to reddit

Security for virtualized datacentres

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

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.