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The IT recruitment industry is the strongest it’s been since Q4 2002, according to the latest statistics from online recruitment specialists CWJobs.co.uk. The CWJobs/SSL quarterly IT skills index shows that the number of both permanent and contract vacancies has steadily increased across the country since January 2003, with more dramatic growth in the last six months. In the last quarter alone, permanent IT vacancies rose by 11% and contract jobs by 17%. Key findings include: IT recruitment as a whole continued to witness a dramatic increase in both permanent and contractor advertised vacancies during the last quarter. The North East saw the biggest increase in demand for IT contractors between April and June 2004 with a 45% rise in vacancies, followed by Southern England with 24%. Overall, contractor vacancies continued to rise with an increase of 31% since Q2 2003. The total number of permanent IT vacancies advertised between April and June 2004 was 68,285. This is an 11% increase on Q1 2004 and 30% more than the same period last year. 95% of these positions were advertised online. In terms of demand, the North East saw the biggest increase in permanent advertised vacancies at 19%, followed by the West Midlands at 14% and Southern England with 13%. From an industry point of view, Software Houses/Consultancies saw the biggest increase at 24% followed by Electronics/Communications at 23% and Media with a 21% increase in contractor vacancies. The Electronics/Communications sector has witnessed the greatest increase in permanent vacancies with a 31% hike between April and June 2004, followed closely by the Public Sector with an 18% rise and Retail/Distribution with a 12% increase. Trends in Contract IT Job Vacancies in the UK Regions
Commenting on the latest findings, Richard Nott, Sales Director at CWJobs said: "Once again we have witnessed incredible growth in terms of IT job vacancies. CWJobs has seen both permanent and contractor vacancies continue to rise throughout the country across all sectors and they’re now at the highest point since the market crashed after the dotcom boom. I think we can safely say that the industry has made a full recovery." Echoing the dramatic rise in demand that CW Jobs have seen, IT & Telecoms recruiter Square One Resources told CUK: "Across the wide spectrum of technologies that our IT Applications & Support and Microsoft teams supply, we have seen strong, rising demand for skilled contractors across an ever widening range of technologies from .Net to Interwoven. Contractors now have a choice of several contract opportunities whereas a year ago, they would generally take the first that was offered to them as the market was not so buoyant" said Martin Rush, Founding Director. "In the SAP market, availability of experienced ABAP Analyst Programmers and FI/CO Consultants provide us with a barometer for the market in general with rates for these skills rising 15% from April 2004. This increase is due to major new projects spanning industry sectors from Financial Services through Manufacturing - traditional strongholds for SAP and the ever increasing number of Public Sector implementations. "In the Oracle Applications market rates have been rising steadily for the last three months (with more to come) but not as quickly as might have been expected. The more experienced consultants are being more selective about contracts that they take as demand increases, they are confident that there are more projects on the go and that their stock is rising. "Overall, the market and rates are rising steadily but in a more realistic and sustainable manner than we have seen previously. Long may it continue!" Aug 11, 2004 Email this article Printer friendly page Previous Page
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