IT Sector - Market & Data Insights

““The IT sector has been in turmoil for the past nine months, with tech layoffs impacting the market. However, an influx of active candidates is not necessarily bad news, given the skill shortage in the industry. What is noteworthy is the surge in applications for contract positions, suggesting that many professionals are choosing to pursue this more lucrative option as demand for permanent roles declines.

This will have a long-term impact on future recruitment in the profession for businesses and recruiters. As more experts capitalize on the opportunity to command higher pay through contract work, securing top IT talent will become increasingly expensive..