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October Monster Index reveals sharp jump in IT job openings

Posted Nov 9, 2010

The October Monster Employment index has reported a strong rise in online IT job availability, following six months of relatively static growth.

The Index, which aggregates millions of job openings advertised across job boards, has risen to 138 - a seven point rise on September, and 24 points ahead on the same time in 2009 (114).

Monster says that long term growth trends have improved in many professional sectors, led by IT.

The long term forecast for professional services remains positive - with engineering, banking, finance and insurance vacancies also reporting strong annual increases.

While online IT job openings grew by 6% on the previous month, the sector as a whole is second only to Arts & Entertainment as the fastest growing sector across the market, recording a 29% jump year-on-year.

Julian Acquari, MD at Monster UK & Ireland said:

"While the UK still has a long way to go towards economic recovery, the increase in employment opportunities... is an encouraging trend."

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