Australia’s IT sector might shrink further before it gets better: report
- 18 May, 2011 15:17
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The 2011 edition of the Australian Jobs report shows a shrinking IT sector but there's some hope on the horizon.
The report, released at the Local Employment Coordinators Conference in Canberra, offers a broad and detailed view of occupations and industries in Australia.
This year’s report highlights some of the trends affecting the job market.
While the highest decline in employment was found in the manufacturing sector, the information media and telecommunications sector followed closely behind recording a 9.9 per cent decline over the past five years.
Already classified as small employing industry with 215,300 workers, the sector has been struggling to recover from deflation of the dot-com bubble earlier in the decade.
While computer network professionals and telecommunications engineering professionals remain fairly stable occupations, information and communications technology managers and trainers have seen their positions contract by 0.3 per cent and 34.6 per cent, respectively.
While the IT industry has been trending downwards and may continue to do so a while longer, the report presented a more positive outlook for the future with a projected growth of 6.0 per cent resulting in about 13,000 jobs by 2015-16.
For more information about Australian Jobs 2011 and its contents, go to www.deewr.gov.au/australianjobs
Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.
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