IT Hiring Increases Across Sectors

Crystal Ball

IT hiring is on the rise across sectors, according to research firm Computer Economics. Of the 200 midsize to large U.S. and Canadian employers it polled, 52 percent said they plan to increase IT staff, the first time since 2007 that more than half of IT organizations said they’ll increase headcount.

Hiring is taking place primarily in large organizations, according to the report, with financial services leading the way with 5 percent growth in headcount, followed by healthcare providers at 3.9 percent.

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At the same time, 17 percent of the companies said they plan to cut staff and 31 percent reported no change in staffing levels.

Commenting on the report, Foote Partners Chief Analyst David Foote told Computerworld, “The good news is that lately we’ve noticed more IT hiring across many industries, not just the IT services firms.”

IT budgets are expected to grow by 2.4 percent at the median, the fourth year of steady improvement. However, Computer Economics’ report found no growth in IT capital spending. While that could mean companies are putting more systems in the cloud, more likely they’re pausing to digest previous investments, said Frank Scavo, the firm’s president.

Last week, Dice said hiring of technology professionals was moving full-steam ahead during 2014’s second half. The company’s most recent hiring survey found that 70 percent of hiring managers intended to add more technology professionals over the next six months, as compared to the first half of the year.

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One Response to “IT Hiring Increases Across Sectors”

  1. Question: do you think all companies in IT that cut jobs and offshore them do that by firing a
    few hundred per month and file tons of paper with the Dept of Labor? No.
    Why bother: simply offshore a team over a year, rather than all at once!
    That way: you build the offsite team, let them gain confidence and spare the paper work.

    Ops… I’m afraid my IT skills are quire serious about managing the offshore outsourcing rather than matching the growing demands of the unfulfilled thousands of IT jobs.