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Although the ‘dotcom crash’ of 2001 triggered a huge downturn in the IT job market, it began to recover in late 2003 and the most recent figures available – July 2005 – indicate continued growth (Source: Olivier Job Index). Over the 2004–05 financial year, a significant 55% growth rate was recorded.
The dotcom revolution isn’t over, either. In fact, we may look back in years to come and find that it only really started in 2005, when companies like Yahoo and Apple reported their biggest ever quarterly profits. It was also the year that Google became the world’s most highly capitalised media company and the NASDAQ reached a four-year high.
Check out the Current size of the profession.
Excerpt from Career FAQs Information Technology
© Career FAQs
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NASDAQ (the National Association of Securities Dealers Automated Quotation) measures stock prices of technology companies traded on the second-largest equity system in the USA.
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