Advantage: IT job ads rise faster than the average

Advantage: IT job ads rise faster than the average

Olivier says talks of a skills shortage are premature

Australian IT job ads have increased 5.92 per cent in May and 32.67 per cent year-on-year, according to the latest Advantage Job Index.

Advantage Professional director, Robert Olivier, said the rise was better than the Australian average of 5.47 per cent in May and 19.92 per cent higher year-on-year.

“Every IT occupation is up… it’s rare for me to be able to say that,” he said. “I think there’s healthiness in IT jobs that I couldn’t see six months ago.

“We’ve had consistent growth and it is doing well because it isn’t subject to the volatility of other more confidence-based occupations.”

According to Olivier, the biggest surprise came from the ACT, where IT jobs leapt 5.4 per cent. This contrasted with the state’s normally negative results following the slashing of IT contractors by the Government.

NSW was the best-performing state with a rise of 7.5 per cent. Australia’s second biggest state for IT jobs, Victoria, experienced a 6.7 per cent boost.

Olivier predicted June would also rise up to 5 per cent, followed by a buoyant July as fresh budgets are lined up. But he also said talk of a skills shortage were beat ups and premature.

“There’s been a suppression of supply, rather than a shortage of skills,” he said. “Companies will be finding it easier to keep people but if they do lose them, it’s hard to replace them. There’s a degree of supply stagnation, rather than shortage.”

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