Is the IT Job Market Rising Like the Proverbial Phoenix from the Ashes?

Maybe not quite as dramatic as that but things definitely seem to be moving in the right direction. Job security has been the mantra for many during the last five years and, just as follows a weak property market, confidence takes time to build. IT professionals however have been using this time to expand their technical skills and to try and increase their value to existing employers. At times business survival strategies have taken precedent and the axe has fallen regardless of individual expertise, but whilst it is still quite common to see announcements of lay-offs these are not hitting the head-lines like they were over recent years. It appears that technology companies are now better placed to deliver products and services from a healthier cost base, and end-user organisations are starting to reinvest more heavily in IT business solutions. In effect the turbulence of the last few years is starting to recede and more stability and growth are appearing over the horizon.

Will this lead to better times ahead for IT professionals?

The outflow of technology graduates from colleges and universities has been lower in many western countries than during the 1990