Trends
As has been illustrated there is no doubt that both the ICT and Business industries are growing. Both are exciting and evolving fields in which graduates and employees alike can look forward to an expanding range of career opportunities as technology continues to advance and economies develop.
The IT industry consists of highly skilled workers, with four in five holding tertiary qualifications, the majority (59%) of which hold university bachelor degrees or higher.
1. Over half the jobs available require some kind of professional qualification and while job prospects are predicted to increase over the next five years, a high number of graduates – coupled with the possibility of tasks being off-shored – means that there is increased competition for full time employment.
Looking further ahead to the future, while the demand for information technology skills and systems is expected to remain high in other industries, according to Deloitte when assessing the IT industry as a separate entity, the need is likely to slow over the next 40 years. Of the occupations projected to experience the highest growth between now and 2020, ICT managers and software and application programmers are among the top fifteen, with projected figures of over 14,000 and 18,000 new employees respectively
2. The Professional, Scientific and Technical Services sector will be Australia’s second biggest growth sector in the months up to November 2020 – a predicted 151.2% increase3 . While Business roles will also continue to flourish and according to the ABS, the highest job growth will be seen in metropolitan areas, though regional areas are also expected to experience growth in the professional, scientific and technical services industry. Between now and 2020, 151,200 new jobs are predicted to be created in this sector, while 32,600 jobs are expected to open in the administrative and support services industry
3. With the exception of the outback, employment is expected to increase Australia wide with the biggest growth being in New South Wales (241,600 increase) and Queensland (215,100 increase) and the lowest in Tasmania (5,000 increase)3
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