Main image of article IT Employment Accelerates
TechServe Alliance Chart IT employment jumped 5.43 percent year-over-year in May, nearly twice the rate seen in 2012, according to TechServe Alliance’s IT Employment Index. During the month, the number of technology jobs rose to 4.45 million, compared with 4.22 million in May 2012. Between 2011 and 2012, the index rose just 2.82 percent. “I am pleased to see accelerating growth in IT employment reflecting robust demand for talent,” Mark Roberts, TechServe CEO, said in a statement. “Going forward, the greatest risk potentially inhibiting the full potential for IT employment growth in the U.S. is an inadequate supply of talent.” Tech employment has indeed been on the rise, with some sectors – such as management and technical consulting services – climbing 5.7 percent in May compared to a year ago. Computer systems and design services also advanced, showing a 4.8 percent year-over-year increase. On a monthly comparison, the index posted more tempered growth, inching up 0.27 percent, according to TechServe. But the second half of the year may see a stronger performance. In a recent CIO survey conducted by Robert Half Technology, 75 percent of the participants expected to fill vacant IT positions or expand existing IT staff in the next six months. As CIOs begin to feel more confident about the growth prospects of their companies, they’re likely to add employees. Startups are also moving into hiring mode. According to Silicon Valley Bank’s Startup Outlook survey, 87 percent of their executives expect to hire people this year. The area gearing up for the most hiring: enterprise software startups.