A glance backwards, a focus forwards
Posted on 14th January 2021
In many respects, looking back to December, when the jobs market is traditionally quieter (at least in terms of the number of people starting new jobs), is not particularly useful. However, last month’s Markit figures do show what we’ve been saying and writing about for some time now: the IT jobs market is one of the brighter lights on the horizon. Yes, undoubtedly the overall recruitment market across all sectors (as shown in the table below from RBS/Markit) is tight. The temp market is growing in every sector apart from exec level jobs and (unsurprisingly) hotel and catering. The perm market, on the other hand, is only growing in a few areas, but the rate of decline slowed last month.
It’s instructive to look back a further year to see what the market was like in December 2019. Other than the hotel and catering sector, it’s pretty similar at the top end and in fact (although with the rider that we are not comparing absolute number of jobs) growth last year in the temp market was actually higher than in 2019. The current splurge in temps across the economy as a whole is, I am sure, a reflection of uncertainty and an unwillingness to commit to perm hires in the prevailing mood of pessimism caused by the pandemic.
Moreover, as the table shows, even in today’s difficult jobs market, IT & Computing is growing (as measured by being above 50) in both the perm and contractor market. That’s what we’re seeing at Be-IT. We had a remarkably solid performance in December, but our focus is on the future and a lot of our work was preparatory for January and beyond. The demand is there, the candidates are there: if you need to marry the two, then give us a call.
Michael Phair, Be-IT
Posted in Recruitment News
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