IT contractor unemployment falls

The number of IT contractors who were out of work for three months or more fell by 33% in the first quarter of the year, according to research from the giant group.

The number of IT contractors who were out of work for three months or more fell by 33% in the first quarter of the year, according to research from the giant group.

The data compares with one in 10 (10.1%) of IT contractors had been out of work for three months or more six months ago.

Matthew Brown, managing director of giant, says: “This is a very dramatic drop in long-term joblessness among IT contractors. It shows just how deeply IT departments cut back on personnel during the recession and how strongly investment in IT is bouncing back.”

“After cutting back on IT investment for so long, businesses are now kick-starting projects which were stalled during the recession. Many IT directors shed contractors over the last 18 months, but are now finding themselves dangerously understaffed as project workloads start to pick up.”   

APPOINTMENTS: 4-8 MARCH 2024

This week’s appointments include: greenbean, NRG, Pertemps, The IN Group

People 4 March 2024

CONTRACTS & DEALS: 4-8 MARCH 2024

This week’s new contracts & deals include: Salt, The City Recruiter, Zelo Digital

Contracts 4 March 2024

NEW TO THE MARKET: 4-8 MARCH 2024

This week’s new launches include: Connect Appointments, Eventus Recruitment Group, Granger Reis, Localyze, The Intersection Network

New to Market 4 March 2024

Former SThree head joins Levin ahead of ‘transformative’ phase

Technology recruitment company Levin has appointed Dave Rees as new chair of the board.

People 27 February 2024
Top