IT Job Market Holds Steady Despite Early Year Projections

Leading IT and Technology Career Site, ITJobsWeb.com Shares Employment Trends from the Tech Industry.

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Atlanta, GA (PRWEB) June 25, 2014

For the third month in a row, the IT job market held steady with continued growth despite early year reports that painted a bleak IT hiring picture. According to Janco Associates’ most recent IT job market report, an estimated 21,900 jobs were added in the IT field from March through May.

Based on data provided by the Bureau of Labor Statistics (BLS), Janco Associates’ report shows that 10,200 IT jobs were added in May - slightly down from April's increase of 13,400 jobs but still relatively positive considering previous projections for the year.

Back in January, Janco Associates anticipated a bad year ahead after surveying more than 100 CIOs across the industry. The data revealed either a holding pattern or cut backs on IT hiring for 2014, in addition to the lowest overall participation of workers in the labor force since the 1970s.

However, May’s increase in IT jobs likely signals a turnaround. A follow-up survey released last month reveals that most CIOs now intend to keep their existing levels of IT executives, management and staff over the next calendar year, with a small percentage expected to hire IT senior and middle management positions.    

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