Job vacancies in IT grow by 1.9 per cent

10:19 19th February 2010

IT job vacancies increased by 1.9 per cent in the last quarter of 2009, according to the latest Salary Services Limited (SSL) and Computer Weekly IT salary survey.

But vacancies are still 9.8 per cent down compared to the beginning of last year and more than 50 per cent below the number seen in the last three months of 2007 ahead of the global financial crisis and economic recession.

Contract rates declined by 2.2 per cent from the previous quarter of 2009, while advertised salaries grew by only 0.9 per cent on the third quarter and 0.1 per cent on the previous year.

In other news, the majority of companies in 2010 will opt to invest in upgrading or maintaining existing IT applications instead of implementing new software, according to a new study by Forrester Research.

Holger Kisker, who is a senior analyst at the firm, said that "despite all the hype around new technologies that have hit the market in the past few years, firms are devoting most of their IT spending on already-installed technologies."

Written by Derek Oldman

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