HONG KONG, 17 AUGUST 2009 - The number of IT jobs dropped 5.8 percent in Hong Kong though overall vacancies across various professional roles was up 11.2 percent from April to June this year, said recruitment consultancy Robert Walters that released its Asia job index recently.
The Robert Walters Asia Jobs Index tracks advertisements in major newspapers and job listing Websites in Asian markets including Hong Kong, China, Singapore, and Japan.
IT vacancies including supervisor, manager, programmer, database administrator were down from 6,430 in April to 6,056 in June, said Robert Walters, adding that the overall number of jobs across different professional roles jumps from 93, 665 to 104,155 in the said period and from 270,036 in Q1 to 294,557 in Q2.
"The strong performance of Hong Kong's stock market has encouraged the financial services sector to start planning for growth, but the emphasis has been on efficient expansion," said Matthew Bennett, managing director at Robert Walters Hong Kong. "While the banks are making a number of selective hires, they appear to be exercising a certain degree of caution and we would expect this to continue for a while yet."
He added that commerce and industry tends to lag behind the banks, which suggests that there won't be huge increases in overall advertising activity for the remainder of the year.
Contrary to Hong Kong's IT job market, the number of IT vacancies grew 16.5 per cent in Singapore; 3.7 per cent in China from April to June.
Sign up for MIS Asia eNewsletters.