IT Hiring Trend Slips More Than Expected

The current forecast for total number of IT jobs added this year has decreased by more than 30,000 from its original projection, according to a report by a consulting firm.

Janco Associates originally predicted 160,000 new jobs for 2015, but has now scaled that number down to 129,100.

“1,100 fewer new IT jobs were created in 2015 than in 2014,” said Janco CEO M.V. Janulaitis. “This means that 2015 will go out with a whimper.” 

But this could be good news for solution providers, who may be called upon to serve companies that lack a deep in-house IT staff. Janulaitis said the survey of CIOs found that they were still allocating “limited incremental spending for IT-related activities.”

Janulaitis said in a news release that he doubted the possibility of a major up-turn in hiring, pegging the economy as the primary reason for the decreased projection.

“With the recent volatility in the financial markets, election year uncertainty and international instability, CIOs and executive management will need to make some very difficult decisions over the next several months,” he said.

This isn’t the first time Janco has reduced its projection this year. It dropped to 145,100 last month.

The report said there are a few “bright spots” in terms of location. Although IT hiring in Texas was lower than in previous quarters, Boston and the San Francisco Bay area have ticked upward, according to Janco.

“In those markets, experienced IT professionals are in high demand and many open positions exist. In the heartland of the country, new IT jobs are few and far between,” Janulaitis said. “Our analysis shows a continued shifting of IT jobs away from the middle of the country to the coasts.”

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