The Utah-based market research company expects 75,000 net new domestic IT jobs will be created this calendar year. That’s up from 58,700 expected last year and 71,900 in 2016.
“The recent tax legislation and reduction in regulations has created a positive outlook for job growth in general and information technology in particular,” said Janco CEO Victor Janulaitis. “Also, with the prospect that IT jobs will be brought back to the United States, a revamped immigration process potentially being passed, and the general feeling that infrastructure spending will be increased, the prospects for IT pros could not be brighter. There will be a greater need for U.S.-based IT resources. IT hiring and salaries will be up.”
According to the U.S. Bureau of Labor Statistics, there are more than 100,000 people employed as information security analysts today. Janco expects the number of individuals in that role will increase 28 percent during the next 10 years, greater than the total projected job growth.
The information-security analyst works on data center systems and networks. The focus is to understand advanced cyberthreats while helping the stakeholders build appropriate mitigation strategies, and ensure the enterprise and production networks are protected.
The median salary for that position in Janco’s IT Salary Survey was more than $100,000. That also is greater than the median salary of all IT professionals.
“In our review of over 132 large and midsize organizations, we found (that) 87 percent of them had open requisitions or were planning to fill roles similar to the information security analyst,” Janulaitis said. “With the increased dependence on the internet and cloud processing, the exposure that enterprises face can only be mitigated by filling that role with qualified individuals.”
Most of the C-level executives Janco has interviewed are expecting a booming economy, he said.
“They are planning for extensive growth and expansion,” Janulatis said. “The only part of the IT job market that is not doing well is that of (the) telecommunications sector, which has lost over 31,300 jobs in the last 12 months.”