Is the golden age over for IT jobs?

Low unemployment rates are small comfort for the IT sector, which has been shaken from its privileged labour market position into a period of high uncertainty.

It’s less than three months until IT student Nick Cannizzo graduates from Melbourne’s Monash University and he’s near certain that he's going to land an attractive position almost immediately.

Cannizzo says he knew he was destined for a career in IT when he single-handedly upgraded the servers at his dad’s workplace. The successful experience prompted him to drop his degree in biomedicine and pursue his passion for IT.

But will it be that easy?

While Cannizzo's confidence is admirable, recent reports on the state of jobs in the ICT sector look set to cast doubt on his ambitions.

Earlier this week the federal budget brought a surprise cut of more than 4,000 jobs to the public service and the termination or deferral of a variety of big ticket IT projects.

Kevin Noonan at industry researcher Ovum says the budget cuts may well add further pressure to an industry which is going through a highly uncertain period.

Says Noonan: "Cuts to public service budgets and staff numbers will certainly impact information technology. This will come through pressure to reduce IT headcount, and indirectly through efficiency pressures on IT support services.”

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