IT industry jobs growth 'will outstrip rest of economy'

IT industry jobs growth 'will outstrip rest of economy'

14:35 12th October 2009

The IT industry will lead the world out of the current economic downturn over the next four years with a glut of new job opportunities, it has been suggested.

Stephen Uden, head of skills and economic affairs at Microsoft, believes that the IT industry will boost the global economy as more businesses look to cut costs by improving their reliance on new technologies.

That will result in a surge in demand for people with the IT training and skills to deliver the results that businesses are looking for and help boost the global economy.

Mr Uden said the IT job market is expected to grow "more than three times faster than the growth of total employment" over the next four years as IT spending is expected to rise by £180 billion over the same period.

That could result in a surge in the number of people looking to undertake IT training courses in order to make the most of the new job opportunities.

Mr Uden's comments follow a recent report from IT research firm International Data Corporation (IDC) on behalf of Microsoft, which forecast that the IT market will create more than 75,000 new businesses over the next four years.

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