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Despite the information and communication technology (ICT) industry suffering from declining vacancies over the past quarter, business confidence remained high in the fourth quarter. This is according to a new survey by ITCRA, the association for ICT contract and recruitment companies in Australia and New Zealand.
The research found that employers have positive intentions to invest in new projects and hire more workers, suggesting that actual business conditions are being perceived by the market as a challenge to be overcome rather than as a major hurdle.
44% of respondents want to increase ICT permanents and 36% aim to increase ICT contractors. Nearly half (48%) want to keep their permanent and contracting headcounts at current levels.
Julie Mills, CEO of ITCRA, said: “There is a continuing long-term trend of decline for both ICT and other white collar professional advertised vacancies. This has been most pronounced in Queensland. The current situation indicates that in the 18 months up to the third quarter of 2012, ICT employment was holding steady or improving from quarter to quarter.” But, she said, “cautious optimism is the way forward.”