The E.L Executive Demand Index has found that demand for executives in the IT sector dropped a further eight percent during February.
The drop focussed in the NSW and Victoria public sectors for the second consecutive month.
-It's just that it's over-corrected itself quite considerably," Montgomery said. -I certainly expect it to get back to 10 percent, but I don't ever expect it to get back to 25 percent in the current crystal ball."
Montgomery said that some people were predicting that biotechnology would have a positive impact on the IT sector. However, he doesn't believe biotech will be as big a user of IT executive talent as the new economy was.
