Download PDF

Employment in IT Sector to Finish 2012 in Black

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...
Post Views 0

Even though a lot of uncertainty has surrounded economic growth in regards to IT, it appears employment will finish in the black.

The majority of the expansion is in tech services as opposed to tech manufacturing.  With Apple, Google and Microsoft creating several modern goods in 2012, the country’s jobs in manufacturing will see little to no change.

IT jobs increased slightly in October, according to analytical information from multiple reviews of the United States Department of Labor’s up-to-date reports

In those studies, TechServe Alliance examined certain IT labor divisions and checked other industries that hired IT personnel.

IT employment saw mostly monthly increases for 2012.  In October, TechServe said 900 jobs were produced which put the yearly total of IT jobs at 4,186,000, which is nearly 100,000 new jobs since the beginning of the year.  TechServe believes that once Europe uncertainty, the election as well as the federal fiscal issues come to a conclusion, the IT employment rate will return to a tremendous growth flow.

TechAmerica Foundation recently made their IT employment evaluation available to the public.  Their data examined January through June.

TechAmerica also took a look at manufacturing jobs.  Tech manufacturing contracted only 9,200 people through June.  Their total currently stands at 1.26 million jobs, which represents a .7% increase.  That bump was negated by a drop in communication services.  That figure skidded .9%, which represents approximately 10,700 positions.

Including the divisions of software, engineering and various technical services, TechAmerica believes 100,000 IT roles were created from January through June of 2012, marking a 3% jump.

Technical manufacturing has been on the down trend on a national level because of growth in automation and offshore production.  The National Science Foundation also did an analysis of the IT job market.  In their findings, their data showed that advanced technical manufacturing has seen a 28% down swing since the turn of the century.  That plummeting decline equals approximately 687,000 jobs.

Job analysts who specialize in particular IT services divisions have seen a substantial boost in services in the month of October.

Foote Partners stated that 12,500 jobs in the IT industry were created in October, with a majority of them coming in the management technical consulting services as well as computer systems design and other similar services.  Foote Partners also believe strong IT numbers will be on display in the month of November.

Janco Associates found there to be 6,600 job creations in October.  Janco believes the big picture is looking brighter for the IT industry, but that it will take a long time.

Employment in IT Sector to Finish 2012 in Black by
Authored by: Harrison Barnes