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By Bob Violino on 2010-12-17
The economy might be improving on some fronts, but serious job growth remains elusive and salaries are stagnant—and that includes technology jobs. Total employment in IT increased just 0.17% in November 2010, and salaries across all positions remained flat compared with the same month a year ago, according to Janco Associates Inc., a management consulting firm that focuses on IT. Janco says it bases its employment report on data from the December 2010 U.S. Department of Labor National Employment Report. The company also conducted a separate salary survey that received 278 responses from U.S. IT professionals. According to that survey, the average CIO working in the U.S. earned $159,574 in 2010. Meanwhile, the jobs report paints a grim picture of total IT employment: seasonally adjusted, there were about 2.8 million IT jobs in November, an increase of only 4,800 jobs from November 2009. Victor Janulaitis, CEO of Janco, says the nearly 3% growth in systems design jobs and related services "has not been enough to absorb the displaced employees from prior periods nor address the issue of recent entrants into the IT job market who cannot find work. With this anemic increase of jobs, there is little to no room for recent computer science graduates and existing unemployed IT professionals to find work.” Furthermore, he says, outsourcing has eliminated many of the entry-level positions that these individuals could take. Based on the data and interviews Janco has conducted, the firm predicts there will be more churn in IT staffs, as CIOs accelerate their moves to flexible staffing models. They are looking to hire IT people with business and analytical skills, such as risk management and project management.
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Miniscule job growthTotal employment in IT rose merely 0.17% in the U.S. in November 2010, compared with November 2009. Employment was up 0.1% from October 2010.
2,781,200Total U.S. IT employment, seasonally adjusted, was 2,781,200 in November 2010.
4,800The number of new jobs in IT in November 2010, compared with the same month a year earlier.
Modest improvementJobs in computer systems design and related services increased 2.93% in November 2010 compared with the same month a year earlier. Jobs in other information services rose 5.02%.
Wrong numberJobs in telecommunications decreased 4.24% in November 2010 compared with the same month a year earlier.
DP is downJobs in data processing, hosting and related services dropped 1.29% in November 2010 compared with November 2009.
$78,210$78,210 is the average salary of all IT professionals in 2010, up 0.67% from the average salary in 2009, according to a Janco survey on 278 executives, middle managers and staff at large and midsize companies.
$143,378$143,378 is the average salary of IT executives at large enterprises in 2010, up 0.32% from the average salary in 2009.
CIOs on topThe average VP-CIO salary in 2010 is $159,574, highest of any position in IT.
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