With software houses and the financial services sector creating by far the most permanent IT jobs, career opportunities are being condensed into south-east England.
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In its latest research, SSL revealed the number of IT jobs advertised in London and south-east England in Q3 2011 was almost 55,000 . This figure compares with about 25,000 in the rest of the country combined. Inner London saw the number of permanent IT jobs advertised increase 24%, while vacancies in southern England and outer London grew 20.5% and 7.4% respectively.
Meanwhile about 59,000 jobs were advertised by software houses and financial services firms, compared to about 10,000 in all other sectors combined. The number of IT jobs advertised in the software sector grew the most at 18.8% while finance IT jobs were the second fastest growing with a 14.3% increase.
"If you want a job in IT move south," were the harsh words from George Molyneux, research director at SSL. He said because many of the big software companies are based in the in places like Reading and Bracknell and the fact that finance firms have major operations in London, the South of England is the place to be if you want a job in IT.
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How many permanent IT jobs are being advertised in different business sectors?
- Electronics/Communications: 2,870 jobs advertised, -3.6% less than last year
- Software Houses/Consultancies: 44,112 jobs advertised, 18.8% increase
- Finance: 14,873 jobs, 3.9% increase
- Retail: 2,427 jobs, 14.3% increase
- Media: 2,986 jobs, 8.7% increase
- Manufacturing: 1,449 jobs, 2% increase
- Public sector: 605 jobs, -40% less than last year
How many permanent IT jobs are being advertised in different regions?
- Inner London: 8,971 jobs, 24% increase
- Outer London: 20,823 jobs, 7.4% increase
- Southern England: 24,702 jobs, 19% increase
- West & Wales: 7,423 jobs, 8.6% increase
- East Midlands: 5,745 jobs, - 12.3% increase
- West Midlands: 3,642 jobs, 1.7% increase
- North-west: 4,206 jobs, 6.5% increase
- North-east: 3,078 jobs, 2.2% increase
- Scotland: 1,654 jobs, -5.1% less than last year