Financial sector to create greater numbers of technology jobs

18 December 2009

Banking is expected to be the main industry for IT recruitment in 2010, a survey has shown.

Findings from a study by the IT Job Board revealed that finance, telecoms and software will be the three largest sources of work for IT professionals next year.

A third of the respondents stated that .net will be the main skills area in demand while SAP, Java and web development are also expected to be key disciplines.

Peter Healey, sales director at The IT Job Board, said: "I believe that next year the finance sector will really pick up. Banking was the first to be hit during the recession, but it will also be the first to recover, and it will offer a lot of opportunity in terms of IT recruitment."

"As we continue to get to grips with social and business networking, Web 2.0 skills will be critical, for example .net and Java ... IT is now a fundamental part of business, and companies cannot afford to cut it.”

The study also revealed that a greater number of vacancies are expected to be contractual rather than permanent due to businesses seeking a more flexible workforce.

By Jim Ottewill

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