Jobs dry up for graduates.

Australasian Business Intelligence, March, 2003

Mar 10, 2003 (The Australian - ABIX via COMTEX)

Australian university graduates looking for IT jobs will face a tough market, with entry-level demand down by 50. According to the MD of Sapphire Technologies, Mike Weale, some corporates had cut demand by up to 70 of 2001 levels in 2003. Qantas Airways, AMP, Westpac Banking and Macquarie Bank all indicated they would be hiring reduced numbers of candidates compared with the levels of 2001. Trevor Taylor of recruitment agency Candle said there was a downturn, but it was likely entry-level demand would pick up in two or three years. Olivier Recruitment Group director Robert Olivier said that companies were only interested in hiring employees who could contribute to profitability, not in building a long-term...

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