The month of April saw a slowdown in the decline in demand for hi-tech workers in Israel. According to the MIT Manpower Group in Israel, the decline for such professionals dropped by only 1.5% between April and March, as opposed to 5% the month before.
Data was accrued by checking electronic and print wanted ads. It indicated that three out of six professional groups – managers, materials engineers and software engineers - had increased demand in April.
It should be noted, however, that the demand for hi-tech professionals is much lower than it was last year. Demand for managers, for example, is 65.8% lower than it was in 2008.
Furthermore, in other groups, decline in demand increased. Project managers and team leader groups showed an additional 5% decline and the demand for programmers fell by 2.4% in comparison to March. Compared to last April, there has been a decline in demand of between 25 to 38%.