Manpower: Demand for high-tech workers up 40% in third quarter Demand for managers was 174% higher than in the corresponding period last year. by Michal Raveh October 01, 2004 Globes Manpower Israel subsidiary Manpower Information Technology has reported a 40% increase in demand for high-tech workers in the third quarter of 2004, compared with the preceding quarter, and a 109% increase compared with the third quarter of 2003. The figures are based on a survey of help-wanted ads in Israel's leading daily newspapers. The figures for the third quarter indicate a clear rise in demand for all professions. Demand for programmers was up 59.7% in the third quarter, compared with the second, and demand for hardware engineers was up 57.7%. Demand for network managers and support staff was 291.6% higher in the third quarter of 2004, compared with the corresponding quarter of last year, the highest increase of any profession. Demand for hardware engineers was up 278.6%, the second highest increase. MIT said that one of the most noteworthy figures was the clear increase in demand, albeit slower than for other professions, for managers, after a drop in demand of over 90% in the past three years. Demand for managers was 32% higher in the third quarter, compared with the preceding quarter and 174% higher, compared with the corresponding quarter of last year. MIT CEO Idit Padan said the impressive rise in demand for high-tech workers was noteworthy, despite the seasonal slowdown in August-September, characteristic of summer and the Jewish High Holy Days. "The figures indicate that high-tech is undergoing clear renewed growth, compared with the past two years. However, it should be borne in mind that we are still far from the high levels of demand characteristic of the 2000 peak," she said. Published by Globes [online] - www.globes.co.il