Labor Market for IT Professionals Stalls: Report


employment numbers released by the Department of Labor’s Bureau of Labor

Statistics revealed a net gain of 4,400 IT-related jobs in November, for the

sixth straight month of net job gains in IT labor segments. Five bellwether IT

job segments in the BLS data showed a net

gain of 45,100 jobs from June through November, with the Management and

Technical Consulting Services segment accounting for 25,800 (57.2 percent) of

these new jobs. This segment has posted gains in nine of the last 12 months of

federal labor data.

The Management and Technical Consulting Services segment of the DOL/BLS

employment report gained 3,700 jobs in November, the highest of any IT job

category. The second highest net job gain occurred in the Computer Systems

Design and Related Services jobs segment, which added 900 jobs in the month,

contributing to a total of 17,000 new jobs over the last six months in the

category. Jobs in the Data Processing, Hosted and Related Services segment

remained unchanged after adding 500 jobs in October. The worst performing

segments in November were two job segments in the Computer and Electronics

Products industry category: Communications Equipment and Computer and

Peripheral Equipment.

“The fact is, there’s a tremendous amount of work to get done, and CIOs

are under almost unbearable pressures to get it right and make it quick.

Without the authorization to hire enough full-time workers to meet these

demands, not to mention the time it takes to find workers with specialized

skills, they’re looking to the IT services industry more than ever before for

help. Of course, this has been driving some very healthy jobs growth in this

industry sector,” said David Foote, CEO

and chief research officer at IT analyst firm Foote Partners.

“I don’t want to overemphasize CIOs’ dependency on contractors,

consultants and managed services. Indeed, they’re also making key hires in many

areas, but it’s clear that demand for full-time workers outside the services

sector in particular has not gained the kind of momentum that many analysts and

pundits had been predicting this year.”

For more, read the eWeek article: IT Professionals Labor Market Stagnating, Report Finds.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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