Employment in science and technology: the news isn't too good

Added by Stephane Goldstein on 23 June 2009 15:30

Sobering news from the Confederation of British Industry (CBI), which points to less than rosy prospects for recruitment into the science sector of the economy in a report published this week. The CBI has surveyed over 700 of its members, of which nearly 100 companies of different sizes in science, high-tech and IT. The findings show that 66% of these firms are currently operating a full or partial freeze on overall recruitment; this is higher than the average (61%) across all sectors surveyed, and suggests that - at least with regard to employment opportunities - science is far from immune from the economic downturn. Not surprisingly, the situation is even worse in sectors such as construction.

The better news is that a university degree remains an asset; 34% of surveyed science/hight tech/IT companies are operating a freeze specifically on graduate recruitment. The equivalent figure across all sectors is 38%, so a science or technology background may be a plus here. However, among science/hight tech/IT companies that are not operating such a freeze, only 12% are recruiting in 2009 at a higher level than 2008; for one third of them, the level is lower. UK plc is not out of the woods yet.

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