I got a note from a friend, a quality IT recruiter who has been in the recruitment profession for many years. His comments:

“I am seeing hundreds of people on the market at the moment.  Top quality candidates that can’t find work.  Some of them have been on the market since November.  And yet I still see companies in Australia offshoring jobs.  It seems that while the times were good the ‘offshoring jobs’ had little impact on employment in Australia.  But now (downturn market) it seems to be seriously impacting unemployment rates in the IT space. It seems that most companies in the top 100 ASX have offshore IT jobs in some capacity.  Read more...