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Job market for IT staff set to pick up in 2004

Employment opportunities and levels of pay for IT professionals are poised to pick up next year, if trends shown in figures from...

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Employment opportunities and levels of pay for IT professionals are poised to pick up next year, if trends shown in figures from E-Skills UK hold true.

The latest quarterly review from the sector skills council, released last week, revealed that unemployment figures for those employed in IT roles fell from 4.6% to 4.3% during the second quarter of 2003.

The signs of gradual recovery were reflected in the number of people employed in IT roles, which went up by 9,000 during the second quarter, to 1,102,000.

Although growth in the IT jobs market is expected, most companies estimate it will be slower than in other parts of the economy. Nineteen per cent of UKemployers expect staff numbers to increase over the coming six months, compared to 7% who expect the number of IT staff they employ to increase, the E-Skills report found.

After suffering a fall in the first quarter, advertised rates of pay for permanent IT staff remained stable at £36,000 per annum, with contractor rates rising slightly to £61,000.

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