Today’s Financial Review today indicates that a recorded 22.8% drop in IT job ads in the last 12 months, seems to give credence that the global financial meltdown has and will continue to significantly and negatively impact staff recruitment in IT as employers look to tighten belts and cut costs through greater permanent staff utilisation and fewer contractors. Despite the gloomy forecasts however, many employers remain somewhat optimistic for the future. In particular, the managing director of the technology division of Ambition, Andy Cross, indicates that good people will still be able to find jobs.

According to the executive general manager for Victorian offices of Hudson, Cyrus D’Cruz, indicates system architects and developers will remain in high demand throughout the year ahead. Full Article here