Is Cloud Computing immune to a Double Dip Recession? The figures say it is

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Widespread job losses in the public sector tell a tale of doom and gloom, but cloud computing is bucking the trend and seeing year on year job growth, reports cloud specialist 'Resource on Demand'.

Leading cloud recruitment firm Resource on Demand (ROD) today announced that year-on-year cloud recruitment figures have increased by a staggering 52.9%. With ROD seeing over twice as many new roles opening up when compared with the same monthly period last year.

Operations Director of ROD, Theresa Durrant, said: "These figures are proof that cloud firms are continuing to grow and invest in their work forces. This growth is in stark contrast to the public sector, which is sadly being chastened by government job cuts and stringent budget measures, with UK unemployment rising to over 2.5million as a result."

These latest figures from ROD show the percentage increase in new jobs that the cloud computing industry has created; whilst for accuracy only jobs which have been filled count towards the percentage of growth. Durrant explains some reasons for this growth:

"The 'tech bubble' has been instrumental to the growth of the cloud ecosystem, growth that we believe to be sustainable. Many firms who rely on the cloud are heading towards, or have already made, an Initial Public Offering (IPO) and due to this are seeing initial and continued paths to investment, not least due to the sale of stock to the public that comes with an IPO."

"We have seen a renewed confidence in the hiring of cloud professionals and the number of clients opening their doors to us. The buoyancy of the cloud ecosystem shows no sign of letting up and is an encouraging sign for the UK economy."

The Office for National Statistics said the number of people out of work rose by 80,000 in the three months to July 2011, mainly due to a sharp rise in youth unemployment. Employment in the public sector fell by 111,000 in the second quarter of 2011, the biggest drop since recent records began in 1999.

Despite these official figures, ROD believes that the stable growth cloud is experiencing can make their industry recession proof. Durrant concludes:

"If there is one sector that can have immunity from a double-dip recession it is Cloud Computing. We are confident of this and are looking forward to another busy 12 months and reporting further growth in 2012."

Resource on Demand is a specialist in placing and training candidates, through working closely with and the cloud ecosystem.


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