Report Cites Highest IT Job Growth In 4 Years
netbuzz writes "Employment research firm Foote Partners says U.S. labor statistics from last month reveal an increase of some 18,200 jobs in IT, which represents the largest such monthly jump since 2008. 'The overall employment situation in the U.S. is lackluster, in fact this is the fifth consecutive month of subpar results,' says David Foote. 'But the fact that more than 18,000 new jobs were created last month for people with significant IT skills and experience — and nearly 57,000 new jobs added in the past three months — is incredibly good news.'"
57 thousand new jobs in the last 3 months, with 18 thousand last month. This leaves 39k for the other 2 months, netting an average growth rate of 19.5k jobs/month for those 2, in other words, the rate of growth is is nearly 10% slower than it was a month ago.
Is this report counting the *real* programming and IT jobs, or just the ones that companies post with ridiculous qualifications, just so they can run to Congress and claim they can't find American personnel to fill them and get more H1-B visas?
What political party do you join when you don't like Bible-thumpers *or* hippies?
for people with significant IT skills and experience
And the only way to get most of those skills or experience is to be employed in the industry and working for companies who are willing to train you. People coming out of school or switching careers need not apply.
This goes along with the 2012 report from ManPower (which just came out) which says more than half of the U.S. employers surveyed say their pay scales are not in line with what IT workers want, which makes it hard to attract and retain staff.
The report goes on to say that many companies have scaled back on recruitment benefits such as relocation costs.
In summary, you need to have years of experience in cutting-edge technology, willing to work for pay which employers admit isn't up to par and able to pay for your own relocation.
Gee, wonder why people are saying they can't find people to fill positions.
We will bankrupt ourselves in the vain search for absolute security. -- Dwight D. Eisenhower
When I see job growth return to 1999 levels, then I will think things are getting better.
If only there were a Y2.012K bug... If only software had adopted the Mayan calendar!
Despite the somewhat rosy job numbers there is a sobering reality in today's job market. If you are very experienced and have good contacts there are lots of jobs right now in IT. I get emails from recruiters every week it seems. But if you are just out of school or are not highly specialized then your options are much more limited because now you are competing against cheap foreign labor for programming jobs. Many times I have sat in meetings where we are looking at the resume of a recent grad and quickly realize that we could hire someone from India for 1/3 the price. Of course the quality of the work from the people in India is often sub par (at least in my experience) but to the people that control the money it looks like a no brainer. They hire the person from India. It's only when you gain more experience and skills that are very hard to find that the India option is no longer viable. At that point you have more control over how much you can charge for your services and potential employers have a vastly smaller pool of people to choose from. The challenge for the new grads is how to bridge that gap and it's a vexing problem. Gone are the days when IBM would hire you out of college and give you lots of training and a job for life. Now they expect you to already have the skills and you're only one bad quarter from getting laid off.
When I see job growth return to 1999 levels, then I will think things are getting better.
So you think things will be better if/when we see the fictitious job growth levels powered up by the dot-com speculative bubble, the time when it was possible for any greenhorn to get paid $60-70K a year just for writing html????? You are an interesting creature.
I for one prefer the status quo in IT/Software than the ridiculous dot-com bubble times. I would also say we are saturated - we have quite a few in IT/Software that are really not cut for this (testament of this is the shitload of crappy monkey code that exists despite all the advances we have made in the art and science of developing software.)