Signs of recession in latest IT hiring survey

Signs of recession in latest IT hiring survey
Steve Cotton thinks more firms will end up hiring contractors. (Image: Dileepa Fonseka/BusinessDesk)
Dileepa Fonseka
Firms are reversing their hiring intentions for contractors in the Information Technology sector, but the overall market for professionals is still running hot. The findings are part of an annual survey by recruitment firm Absolute IT. A launch event for the survey was held on Wednesday at the firm’s Shortland Street offices during TechWeek.Last year, at least half of IT firms surveyed were planning to hire new contractors (51%), but this year the number shrank to 39%. The survey highlighted the IT job market was still running h...

More Economy

Want to double exports? Good luck with that
Primary Sector

Want to double exports? Good luck with that

International shipping lines say NZ needs to urgently address port productivity. 

Oliver Lewis 30 Jul 2025
Weak jobs data help clear path for August rate cut
Economy

Weak jobs data help clear path for August rate cut

Filled jobs edged higher but will likely be revised lower. 

Rebecca Howard 29 Jul 2025
OCR steals the show
Economy

Cameron Bagrie: OCR steals the show

The yield on a NZ 10-year bond is currently around 4.6%.

Cameron Bagrie 28 Jul 2025
Independent review warm on ACC investment arm but eyes risk
Economy

Independent review warm on ACC investment arm but eyes risk

A review of ACC’s investment arm issues warm findings but homes in on risk factors.

Staff reporters 25 Jul 2025