IT skills in growing demand, says KPMG

Bank of EnglandIT and computing skills continue to be in high demand as the IT sector grows, according to the latest Report on Jobs, published by KPMG and the REC.

The report’s index of 68.3 for permanent IT staff demand in February pointed to a strong pace of expansion that was faster than the average for all types of permanent workers across the UK.

These indices vary between 0 and 100 with reading of exactly 50.0 signalling no change on the previous month. Readings above 50 signal an increase or improvement; readings below 50 signal a decline or deterioration.

However, the respective index for temporary/contract professionals showed a margoinal weakening in demand with the index of 63.8, down from 64.6 in January.

Although consistent with a marked rate of expansion, the latest reading was slightly below the UK average for all types of temp staff (65.1).

The index tracking demand for permanent employees in the IT & Computing sector has posted above that for temp staff in each of the past 52 months.

The Report on Jobs features research data from Markit, collected via questionnaire from a panel of 400 UK recruitment and employment consultancies.

In 2010/11, some 1,049,333 people were employed in either temporary or contract work through consultancies and 604,193 people were placed in permanent positions through consultancies.

Data for the monthly survey were first collected in October 1997 and are collected at the end of each month, with respondents asked to specify the direction of change in a number of survey variables.

The full report and historical data from the Report on Jobs are available by subscription.

 

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