The number of IT job vacancies advertised online fell 57% in May, compared with the same month last year.
But the IT Job Board, which has just released a white paper on the UK IT jobs market, says there are signs of growth in several sectors.
The second quarter of 2009 will show negative growth, but the industry is still not off the hook when it comes to skills shortages. In the longer term, the sector looks set to grow and shortages will continue.
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The software job market currently looks better than hardware, with year-on-year growth of 4%. Project management and testing positions have both seen a 2% rise over the year on the IT Job Board website.
In June, the company asked organisations if they plan to hire in the second half of 2009. Over half (51%) said recruitment would not change from 2008 levels, while 34.3% said they will be hiring.
Teresa Sperti, head of international marketing at the IT Job Board, said, "We predict that the IT recruitment market will be particularly buoyant. Organisations need to consider how they will mitigate the risk of a long-term skills gap."