Thursday, October 30, 2008

IT Recruitment

IT recruiters are being hit by a continual, unexpected decline in contracting vacancies.
According to JobsAdWatch.co.uk, the number of positions advertised for IT contractors has fallen by 30% since the beginning of the year, with a 13.3% decrease from the previous quarter.
Alwyn Welch, chief executive of IT recruiter Parity, told Recruiter that the company’s contractor placements had been holding up quite well until Q3, when it had “dropped quite severely”.

According to Welch this went against clients’ initial reaction to the downturn, which was to use contractors to keep headcounts down.

However, Welch added advertised contractor rates appear to have remained static.

* - Article from the recruiter

Here at G & G Recruitment we have noticed a drop in the number of roles on both the permanent and contract front. However, the market is still not what we would consider quiet. We are hoping that this slight fall in roles may just be an earlier start than usual to the Christmas lull.

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