High tech hiring more, firing less
Recruitment by software, Internet, and communications companies is up 40% since the beginning of the year, according to job placement site JobInfo. The number of new job seekers is also down 30% in the first quarter of 2010, compared with the corresponding quarter of 2009.
The drop in jobseeker numbers is due to slowdown in layoffs.
JobInfo technology division director Sarit Malka says, "Although we're seeing an 8% rise in the number of people with jobs who are checking out the market, this didn’t happen last year when people with jobs weren’t thinking of looking for new jobs, and didn’t say yes to approaches from companies."
Some of the demand for hardware engineers is coming from cleantech companies. The industry continues to show slow but steady growth in new hiring. According to IVC, cleantech companies attracted 10% of total venture capital investment in 2009. The industry draws many jobseekers looking for work.
Semiconductor developers are again hiring algorithm developers, verification and integration engineers, and ASIC/VLSI engineers, with companies seeking engineers with 3-5 years experience.
Demand for workers by Internet companies is up 12%, as the hot sectors of 2010 -e-commerce, social networking, and online gaming - develop.
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