Posts Tagged ‘employment’

IT Sector Added More Jobs in January

Tuesday, February 8th, 2011 by jrajani

Following a strong 2010, IT employment continued its pattern of month-over-month growth by adding more than 6000 jobs in January.

According to a monthly index of IT jobs developed and published by TechServe Alliance, a collaboration of IT services firms, clients, consultants and suppliers, in January, IT employment stood at 3,997,400 jobs; reflecting incremental growth of 0.2, while overall non-farm employment only rose by .03 percent. On a year-over-year basis, IT employment was up 4.5 percent, compared to only a 0.8 percent increase in total non-farm employment.

“With January’s strong IT employment numbers, 2011 is off to a good start. With increased demand, we are again hearing of shortages of qualified IT professionals in certain skill sets,” commented Mark Roberts, CEO of TechServe Alliance. “We continue to maintain a very bullish outlook for IT employment in 2011,” added Roberts.

IT jobs are found in virtually every sector and industry in varying degrees. The following table presents information about the total number of jobs in certain sectors that provide a significant amount of employment for IT professionals as well as to the number of all jobs.

Technical note: TechServe Alliance’s IT Employment Index is the first specific measurement of IT employment. This unique measurement of total IT employment is created monthly by studying the ongoing staffing patterns of a dozen IT and computer related occupations in 22 industries and industry sectors employing significant numbers of IT workers including the manufacturing, wholesale and retail trade, financial, information services, business and professional services, and education and health industries. The monthly IT Employment Index is based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and therefore, the Index is revised accordingly. The IT Employment Index is also subject to annual revisions and was benchmarked this month (February 2011) with the publication of the BLS January 2011 employment report, which included revisions to several years of employment data. The next revision will be published in February 2012.

Source: Techserve Alliance

New Report is Bullish on IT Employment for Remainder of 2010

Thursday, September 9th, 2010 by jrajani


It’s not all gloom and doom for IT in this economic environment. According to a recent report by Robert Half, their IT Hiring Index and Skills Report shows CIOs are planning to hire more staff for their IT department. The index shows a 3% increase in hiring activity which is down from the previous quarter, however, it’s 3 points higher when compared to the same time frame last year. 84% of participating CIOs responded by saying they are at least somewhat confident when asked about their companie’s growth prospect for the 4th quarter which is up 3 points when compared to the 3rd quarter.

Key findings from the study include:

The net 3% increase in projected hiring activity is down three points from the prior quarter but up three points from this time last year.

The South Atlantic and East South Central regions anticipate the most active IT hiring.

84% of CIOs are at least somewhat confident in their companies’ growth prospects in the fourth quarter; 37 percent are very confident.

Technical Skill Set Demand Rate:

Network Administration (60%)

Database Management (54%)

Windows Administration (51%)
(Server 2000/2003/2008)
 

Growth Outlook by Region:

The South Atlantic states are expected to lead the country in hiring activity in the 4th quarter. 13% of CIOs in the South Atlantic region plan to add IT staff and 4% forecast personnel reductions, for a net 9% increase in hiring activity. In addition to network administration, technology executives in the region report strong demand for IT professionals with desktop support skills. Eighty-seven percent of CIOs in the South Atlantic region are somewhat or very confident in their companies’ growth prospects for the fourth quarter.
CIOs in the East South Central region also forecast hiring activity above the national average. 8% of CIOs expect to expand their IT departments and 3% foresee staff cutbacks, for a net 5% increase.

Growth Outlook by Industry:

CIOs in the transportation sector forecast a net 8% increase in hiring. 9% of executives in this sector plan to expand their IT departments and 1% foresee staff cutbacks. Companies in the transportation industry are actively recruiting professionals with desktop support, database management and website development skills.
Business services is another sector with hiring expectations above the national average. Fourteen percent of CIOs expect to add staff and 8% anticipate personnel reductions, for a net 6% increase.

“Technology executives continue to add staff to keep up with rising workloads and to implement projects previously put on hold,” said John Reed, executive director of Robert Half Technology. “Many organizations have realized that technology investments can lead to long-term cost savings and better efficiency, which has resulted in hiring in a number of IT specialties.”

About the Survey
The quarterly IT Hiring Index and Skills Report was developed by Robert Half Technology and conducted by an independent research firm. First published in 1995, the study is based on more than 1,400 telephone interviews with CIOs from a random sample of U.S. companies with 100 or more employees. In order for the study to be statistically representative and ensure that companies from all segments were represented, the sample was stratified by geographic region, industry and number of employees. The results were then weighted to reflect the proper number of employees within each region. The margin of error for this study is +/-2.6 percent at the 95 percent level of confidence.

IT Job Openings Increase in July

Monday, August 2nd, 2010 by jrajani

upchart

Online advertised vacancies rose 139,200 in July to 4,293,300 following a very small increase in June, according to The Conference Board Help Wanted OnLine(TM) (HWOL) Data Series released today. The gap between the number of unemployed and advertised vacancies (supply/demand rate) stood at 3.52 unemployed for every advertised vacancy in June (the last available unemployment data) but is down from its peak of 4.73 in October 2009.

Job openings posted online rose by 139,200 in July to 4,293,300 in a substantial increase when compared to June statstics according to The Conference Board Help Wanted Online Data Series. The number of unemployed versus advertised vacancies is reporeted at 3.52 unemployed for every advertised job opening in June.

“After rising sharply in December and January, online job demand for the nation as a whole has settled into a more modest pattern over the last six months, with increases that have averaged about 43,000 per month,” said June Shelp, Vice President at The Conference Board. “The gains in job demand vary across the country with some East Coast states –New York, New Jersey, Pennsylvania, Virginia, Delaware and Maryland–posting steady and strong upward trends throughout this year. Steady but more modest improvement better characterizes online job demand in other states like Washington, Ohio, Oregon and Texas.”

Computer and Mathematical Science occupations were up 31,800 to 586,700 in July. The rise is based on increases in demand for computer systems analysts, computer software engineers (applications), and computer support specialists. Advertised vacancies in this field are at their highest level since September 2008. Demand for workers in this occupational category exceeds the number of unemployed looking for work by just under 3 to 1.

In July, all of the 52 metropolitan areas for which data are reported separately posted over-the-year increases in the number of online advertised vacancies. Among the three metro areas with the largest numbers of advertised vacancies, the New York metro area was 40 percent above its July 2009 level, the Washington, D.C. metro area was 22 percent above its July 2009 level, and the Los Angeles metro area was 20 percent above last year’s level.

The number of unemployed exceeded the number of advertised vacancies in all of the 52 metro areas for which information is reported separately. Washington, D.C., Oklahoma City, and Baltimore were the locations with the most favorable supply/demand rates, where the number of unemployed looking for work was only slightly larger than the number of advertised vacancies. On the other hand, metro areas in which the respective number of unemployed is substantially above the number of online advertised vacancies include Riverside, CA -where there are over 10 unemployed people for every advertised vacancy (10.4) – Detroit (7.3), Miami (5.5), and Sacramento (5.0). Supply/Demand rate data are for June 2010, the latest month for which unemployment data for local areas are available.

Source: The Conference Board Press Release