IT Employment Well on Road to Recovery

Chart of 1st quarter 2012 IT occupation employment

Computerworld reports that its 2012 Salary Survey found that “87% of hiring managers who responded expect IT staff head count to increase in the next 12 months or remain the same. Only 25% of the total respondents reported hiring freezes, compared with 39% last year. Other negative indicators, such as salary freezes, budget cuts and layoffs, are all in retreat.”

Data examined by TechServe Alliance supports the contention that businesses are hiring greater numbers of IT professionals. This is manifested by low unemployment rates for many IT and computer related occupations, which were significantly lower than the overall unemployment rate that was between 8.2 and 8.3 percent in Q1 2012.

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This article is reproduced with permission from TechServe Alliance.

 

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