Manpower Israel: Demand for high-tech workers up 6% in May

Demand for employees has been rising since January 2004.

Manpower Israel subsidiary Manpower Information Technologies (MIT) reports that demand for high-tech employees rose by 6% in May 2004, compared with April, and was 50% higher than in May 2003. The figures are based on an MIT survey of help-wanted ads.

MIT CEO Irit Padan says demand for employees has been rising since January 2004, except in April, when there was no change, and that demand is much higher than in the corresponding period of last year.

Demand for all types of employees rose in May, except for managers, which was unchanged, and hardware engineers, which declined slightly. On the other hand, demand for managers was 30% higher in May 2004 than a year earlier, and demand for hardware engineers was 76.3% higher.

Hiring through employment agencies rose by a negligible 1.5% in May, compared with April, and by only 2.2%, compared with May 2003. This fact reflects the significant change in high-tech growth. Companies now publish help-wanted ads directly and are expanding their recruitment efforts, in contrast to the recession, when hiring was limited and mostly carried out through employment agencies, in order to reduce recruitment costs.

Published by Globes [online] - www.globes.co.il - on June 7, 2004

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