**Editor’s Note: Click here to read about Janco Associates’ annual salary survey which shows that wages for IT pros are on an upswing.**
There were enough new information-technology (IT) jobs in January that industry watchers are calling it a “boom.”
Even though the unemployment rate rose to 7.9 percent last month, the Bureau of Labor Statistics said the number of employed IT professionals rose by 73,500. There have now been more than 200,000 IT jobs added in the last three months.
“That level of additional IT employment is robust enough to be called a boom,” said Victor Janulaitis, CEO of Janco Associates, the management consulting firm. When we looked at the number of IT pros employed and compared that with our own independent survey of 106 CIOs in North America, we can only conclude that the hiring freezes of 2008 through 2012 have been lifted. We are seeing greater demand for mid-level managers and technologist[s] who can address demands placed on CIOs for more Eeb-enabled applications.”
Saying IT is in “full recovery mode,” Janco added that CIOs are planning for “robust hiring” in the summer and fall.
One area in particular where IT pros might look for work is health care. That job market continues to be a bright spot, the BLS noted. The implementation of electronic patient records is one of the driving forces in the increased opportunities in this area, Janco said.
If there is a downside, it’s the labor-market participation rate. Janco is concerned that too many people have given up looking for work. The firm also points to tax increases for both employers and employees being an added burden, saying the recovery has a chance of slowing dramatically.
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January 15 2019 @ 19:53:17 UTC