I.T. job demand flattens in February
Job growth is likely to be slow until 2013, says Janco
I.T. job demand flattens in February - Information technology professionals scouting for a new job may want to bide their time. Businesses aren’t likely to boost hiring until 2013, says Janco Associates Inc., a management consulting firm that focuses on information technology. Janco based its report on data from the U.S. Department of Labor’s Bureau of Labor Statistics. There was a net gain of only 1,400 I.T. jobs in February, according to BLS data.
One in five chief information officers, based on Janco ‘s telephone interviews with 105 U.S.-based chief information officers, anticipate hiring lower-level staff for short-term needs, with almost 25% of them doing so in the next three months as temporary positions, Janco says. Overall, firms are trying to keep their I.T. headcounts level.
“There are some chief information officers that are bullish, however, for the most past many continue to remain cautious,” says Victor Janulaitis, Janco CEO.
Among I.T. sectors tracked by Janco in February, telecommunications had 7,200 job losses. Data processing gained 1,100 jobs. Information services added 300 jobs, and computer design and related services added 7,200.
Here is the Bureau of Labor Statistics report data broken down into four categories, with seasonally adjusted February 2012 jobs in each category in thousands followed by the percentage change from February 2011:
- Telecommunications: 842.5; -5.15%
- Data processing, hosting and related services: 241.7; 0.21%
- Other information services: 165.1; 11.03%
- Computer systems design and related services: 1563.5; 4.57%
Historic IT Job Market Size
Updated with current data
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Janco’s findings are validated by the latest BLS data which shows there was a net increase of IT jobs in January. All sectors of the IT job market showed an improvement - computer system design and related services accounted for 34,200 jobs, telecommunications 10,200 jobs, data processing hosting 2,200 jobs and other information services 900 jobs.
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