I think it's wishful thinking. It's true that the layoffs are much smaller now than they have been for a few years. But that's probably because most of the dot-coms have already gone out of business and there aren't many jobs left to loose any more! I certainly hope that the economy is getting better but I think people are too quick to say that. Let's just keep hoping but also be realistic.
It depends where you are. Remember that javaranch is a global forum. I wouldn't say that the economy here is improving but places like India/Philippines/Eastern Europe etc may be a different story. [ March 11, 2002: Message edited by: George Brown ]
Joined: Oct 19, 2000
Sorry, I forgot that the world does not revolve around me.
My impression has been that the Australian market has been picking up over the last month or so. There are two aspects to this: Usually the Oz market tends to lag the rest of the world, which has the effect of reducing the peaks and troughs. If this is the effect we are seeing, it should be good news for other markets. The other side is that we are getting to the end of the financial year and it may just be companies spending their IT budgets so they can justify them next year (this shouldn't happen, but no rules against it) I'm not sure exactly which effect we are seeing, but I tend to be the market optimist and have been predicting an upturn for ages...
I heard from a recruiter friend at one of the big six that it was getting better but slowly. I think at some point the IT spending will pick up again as soon as they're over all the Y2K spending they did and their requirements start popping up.