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Latest e-skills Bulletin shows impace of recession on IT and Telecoms labour market
Thursday, 20 August 2009 15:23
Latest e-skills Bulletin shows impact of recession on IT and Telecoms labour market

e-skills UK has published the latest issue of the e-skills Bulletin, the definitive source of information about changes in the demand/supply of ICT labour and skills in the UK.

The Bulletin shows that the first quarter of 2009 was a challenging time for ICT employers, but even more so for individuals seeking ICT positions. Overall however, employment levels in the ICT sector remained at a historically high level and unemployment levels for ICT professionals are still well below the UK average. Remuneration levels also remained well above the UK average, illustrating that although demand may be significantly down on previous years, ICT continues to be a desirable and well-rewarded occupation.

Key findings for Q1.09 include:
  • Demand for IT/Telecoms staff continued to decline, with the number of advertisements for permanent and contract staff falling by 27% and 32% respectively over the quarter (to 72,000 and 15,000) - the largest decrease recorded for a year.
  • There was increased demand for Web authors/editors, with vacancy numbers for all other occupational groups down on Q4.08.
  • Unemployment rates for ICT staff - including ICT professionals - reached a five year high in Q4.08-Q1.09, increasing from 3.7% to 4.8% for all ICT staff, and from 2.4% to 3.4% for ICT professionals. This compares with an increase of 6.4% to 7.3% for the UK workforce as a whole.
  • However, the number of ICT staff in employment was still 4% higher than the equivalent quarter of 2008, and compares well against a 1% fall for the UK workforce as a whole.
  • Salaries for full-time ICT staff increased to £730 per week - an increase of around 1% on the previous quarter and 4% compared with the previous year. This compares to an annual increase of just 3% amongst UK workers more generally.
  • Around 5% of ICT professionals received some form of bonus payment during Q1.09 compared to 3% of the workforce more generally.
  • The incidence of education and training amongst ICT staff and ICT sector workers continued to fall relative to other occupations/sectors.

To enable us to continue providing the Bulletin as a free service and to help us to better understand your information requirements, please take time to answer our short 3-question survey at www.e-skills.com/bulletinsurvey.

Last Updated on Thursday, 20 August 2009 16:12