IT Hiring Down Again, But ITAA Says Workforce Stabilizing
1/8/2003 -- In a report released last month, the Information Technology Association of America (ITAA) said that despite a significant drop in hiring, the U.S. IT workforce is stabilizing thanks to an even bigger decrease in layoffs.
According to the ITAA, only 1.18 million IT positions were filled between between Oct. 2001 and Oct. 2002 , as compared to more than 2 million during the 12 months between Jan. 2001 and Jan. 2002. But hiring outpaced layoffs, with only 844,0000 tech workers laid off during those 12 months, as compared to 2.6 million during 2001.
"Both hiring and dismissals are far below January numbers, which may signal a stabilization of the IT workforce after the roller coaster of the recent year," commented ITAA President Harris Miller.
In fact, the IT industry actually grew over the last quarter. According to the quarterly update of the ITAA's annual workforce survey, the IT industry gained 147,000 jobs in the third quarter of 2002, bringing the total size of the workforce 10,123,000. However, the news isn't good for everyone -- while most IT areas are seeing slight to moderate gains, demand for network administrators has dropped eight percent since the beginning of 2002.
The ITAA is an industry association that promotes public policy, research and networking for IT industry organizations. More information about the study and the ITAA can be found here.  - B.N.
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There are 61  user Comments for “IT Hiring Down Again, But ITAA Says Workforce Stabilizing”
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| 1/8/03: Anonymous says: |
Yes, but at much lower salaries |
| 1/8/03: Anonymous says: |
The "IT industry actualy GREW"??? HOG WASH I'm an MCSE, out of work for 8 months now. GET REAL people. |
| 1/8/03: Terry says: |
Maybe the market is finally eliminating the "Paper MCSE's" at last! GET REAL yourself! |
| 1/8/03: Bill Mitchell from Massachusetts, USA says: |
IT employment stabilizing? Stabilizing the way a dying man soon assumes room temperature. Then the rot sets in. Decay will always raise the bloating body temperature for a time. No, we are slowly slipping into a worldwide depression - where deflation and globalization will render the American and European standards of living to some bleak compromise between here and Calcutta.... |
| 1/8/03: Scott says: |
Salaries have normalized. Jobs are increasing slowly. I hold MCSE,CNA,CCNA, and Linux+ certifications and I was able to find a better paying job than what I was laid off from last year. It took me only three weeks. Certifications will help; however, there is no substitute for drive and real world experience. Anonymous, try harder and you will find a job. |
| 1/8/03: Anonymous says: |
Well its nice to see everyone in such a positive mood. Just because your fortune or the fortune of those in your region did not turn for the better does not mean it did not happen for the country as a whole. Remember, negative thoughts result in negative results. |
| 1/8/03: Bill from Massachusetts, USA says: |
Negative fortune for me? Not! I am fully employed with a full battery of Oracle and Unix skills. I have been saving my shekels for twenty years. Good luck to the rest. Cash is king as well as my platinum and gold. I left the stock market in late '99. Fortunes? I've never been better. I am aware of many friends, however, that are down and out! I am not negative, merely an honest realist. Many companies and individuals overspent on capacity and consumption in the nineties. Now those excesses must be worked off. When recovery comes in 3, 5, 7 or more years, there will be a boom of booms in IT and related technologies. Until then, hang on and watch your step! Bill |
| 1/9/03: Michael D., White from Austin, Tx says: |
The IT market has always been a very volatile field since the mid 90's. One of the things I see with a lot of my peers is that they go for the big bucks employment. While the pay is good, it normally lasts about 6 months to a year and a half. Great if your a contractor, but not so if your trying to move up in a company. Then, the company that has stabilized asks the question, why are we paying all these enormous salaries when we can cut 15K to 20K easily. Bottom-line, ask a fair wage, and you’re less likely to be cut. Get what the position is worth, but don't be greedy. Else, when it's time to cut, they look at where the money is going. Especially in IT. |
| 1/9/03: Chipchick from Dayton, Ohio says: |
I agree with Micheal, ask a fair wage, and you won't get cut. I was laid off in late 2001 which lasted for five months, got rehired at a local company. Sure, I took a 7K cut, but I have a job and I have medical bennies. Sometimes you have to look at the whole picture instead of the parts. Hiring is stable here in this area, and will remain so unless we have a depression. Since my layoff though, (and actually before that) I've taken the foxhole mentality with spending. SAVE SAVE SAVE, and stay out of the stock market. Put your money in real estate and pay down debt, if you have it. I feel for those who are over extended, the piper will come to play. |
| 1/9/03: John says: |
Good Lord. This is the second Harris Miller public relations piece in which he failed to declare that Life on Earth As We Know It would end if Congress didn't immediately import another 250,000 H1B migrant IT laborers. Maybe his corporate sponsors are holding out on him. Harris (I know you're reading this), you do realize just how much pain and suffering you've caused your fellow citizen, don't you? The market skewing destruction that the ITAA has wrought on the tech sector is incalculable. |
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