Australian IT recruitment on the rise

Increased business investment fuels jobs market

A report from employment agency Advantage has revealed that IT job advertisements are on the rise. The report echoes stronger IT markets over February in both the UK and the US.

According to the report, job advertisements in the IT sector saw the third largest rise, with an 8.11 per cent increase in February over January. The number of job advertisements in the IT sector has seen an 11.1 per cent decrease, however, since February 2009.

Graduate IT recruitment increased 42.80 per cent from January, making it the second strongest sector for graduate employment last month. The report also indicates that IT and telecommunications employers are advertising for 8 per cent more graduates than the same time last year.

The report attributed the rise in job advertisements to increased business investment, thanks to receding cash limitations and boards revisiting IT projects deferred over the past year. Government projects such as the National Broadband Network and Smart Grid are also expected to boost the IT sector in 2010. The biggest growth occurred in New South Wales.

The Australian full-time job market decreased 0.3 per cent from January and 12.8 per cent from February 2009. Overall graduate recruitment increased by 22.6 per cent from January, and 4 per cent from February 2009.

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