The demand for professionals in the ICT sector increases 5.4% in one year

The ICT services sector it is being decisive in the economic recovery. In the last year, the demand for professionals of this sector it has increased by 5.4%.

This data not only improves the trend, but also marks the best growth figure since February 2019, according to the latest installment of the monthly barometer ICT Monitor, prepared jointly by Vass and the Center for Economic Prediction, Ceprede.

“The demand for specialized talent, which did not suffer noticeable drops during COVID-19, maintains its strength, with growth that continues to improve the trend. This only reconfirms this sector as one of the key levers not only for the transformation of the productive fabric but also for economic recovery and employment., points out Antonio Rueda, director of Vass Research and head of TIC Monitor.

In terms of billing, despite being a slightly lower record than those previously collected, the evolution of turnover has increased by + 12.3% year-on-year from July 2020 to July 2020.

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Neutral expectations

Although the data may lead to entrepreneurs being more optimistic than ever, this month’s indicators do not show an entirely positive tone. In this sense, the climate around hiring falls to +5.1 points on a scale of +/- 100. That is, there is a Balance among those who trust in creating employment (52.6% of those who express their opinion) and those who think otherwise.

“Therefore, the expectations of increasing the workforce are rather neutral. It is again below the community average. So far this year, in Spain, the indicator has averaged +22 points, compared to +29 in the EU 27 “, explains Rueda.

Despite worsening compared to the previous month, the business climate indicator marks +30.8 points on a scale of +/- 100, thus aligning with the EU average (+33.1). Two out of every three companies in the digital services sector expect an increase in turnover until the end of the year.

«The sector is still making up for the drop in labor productivity that, approximated through turnover per employee, was badly damaged during this
last crisis. If this ratio grew at levels of 2% in the 2014-2017 period, which marked a general takeoff point, the average of the last 12 months still places it in negative territory (-2.2%). We are confident that by the end of the year it will have been fully restored, confirming the resilience of the companies in the sector, which have been able to wade through the situation without adjusting their workforce or destroying employment. Can someone else say that, in the rest of the economic sectors? », says the director of Vass Research and head of TIC Monitor.

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