Job sectors bucking the trend
05 Jan 2011
The IT sector emerged as one of the bright spots of the jobs market in December, bucking the trend of fewer new jobs at public and private organisations.
Announcing that the total number of new opportunities has fallen on a monthly basis, Reed said the ‘steep fall’ in overall recruitment in December was less visible in seven sectors.
According to its jobs index, traditional sectors, like Media and Marketing, were resilient, alongside more technical sectors, such as Consultancy and IT, which nearly hit a 12-month high.
Engineering fared even better, showing its highest level on the index since it began and Transport, its nearest sector bedfellow, also showed a recent high, as did the banking sector.
At the same time, government-ordered spending cuts saw state-funded jobs fall to less than half their level a year ago, resulting in the group’s public sector index showing a new low.
But the associated redundancies are so far being offset by job creation in the private sector, where rates and salaries were said to have recovered following month-on-month declines.