ITAA Study: Demand for U.S. Tech Workers at Historic Low
5/14/2003 -- The 2003 IT Workforce Study released earlier this month by the Information Technology Association Association (ITAA) found that demand for IT workers in the U.S. has dropped to "historic lows."
Based on surveys of 400 IT and non-IT companies throughout the US, the organization predicts that employers will be hiring only 493,000 IT workers during the next 12 months down from 1.6 million at the start of 2000 and less than one-half of the 1.1 million positions predicted needed at the start of 2002.
Sixty-seven percent of those surveyed said they thought hiring demand would stay the same or decline over the next twelve months.
The ITAA also found that more positions are moving overseas, with 12% of IT companies and 3% of non-IT companies saying they have already opened up overseas operations. According to the study, large IT companies were most likely to say theyve made this move 22% have already moved work offshore. Additionally, 15% of IT firms say they will move, or are undecided about moving, jobs overseas in the next twelve months, while 4% of non-IT firms say the same.
The survey placed the size of the US IT workforce at 10.3 million, with hiring and terminations amounting to less-than-one-percent growth during first quarter of 2003, and the IT workforce growing by 86,000 -- 11,000 below the 97,000 in the slowest quarter of 2002.
Other findings of this year's study include:
- IT companies in the Midwest and West are most likely to send jobs overseas.
- Seventy four percent of companies say they have not changed compensation for IT workers in the past twelve months. Of companies taking action, only 8% lowered pay.
- 91% of companies were able to meet or exceed their hiring plans in 2002. For non-IT companies, both hiring and terminations were down roughly 25% in the last twelve months.
- IT companies appear to be more likely to cut wages than non-IT companies.
If the demand for IT workers is an indicator of business growth, our survey results are not encouraging, commented ITAA President Harris N. Miller in a printed statement announcing the study findings. The fact that firms have dramatically scaled back force reductions may indicate that they are properly staffed to handle existing and new business. There are several bright points, such as companies adding technical support workers at the highest levels and the fact that most workers are not seeing pay cuts.
For more information or to download an executive summary of the study, visit ITAA.org.  - B.N.
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There are 106  user Comments for “ITAA Study: Demand for U.S. Tech Workers at Historic Low”
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| 5/20/03: cj from st. louis says: |
Hey anonymous who posted after me: The plans in my life, along with the plans in everyone's lives are what helps keep this country going buddy. You might not care what I'd buy if I made another 6-10 grand a year, but the companies who are missing out on my spending sure do. And the economy cares a great deal about all of those millions of unemployed workers who no longer have billions of dollars to spend on the things they want. How many of us flip through the adds every week and see a sale on something that's been on our wish list for months and think that's a great price but money is tight or I have to save because I might lose my job soon. So we put down the add and don't give it a second thought, whereas in better times we'd be on our way to the store. Twelve years of Republican presidents and a stagnant economy, and we still haven't learned that tax cuts don't work. My wife and I benefited maybe $200 last year from the tax cuts. Compare that to the extra $15,000 I would have made if I hadn't been unemployed for six months. Put money in the hands of the people and we will do a better job of deciding how to put it back in the hands of the businesses... |
| 5/20/03: Anonymous says: |
this message board is filled with more pathetic morons than the Iraqi government whose tail we just kicked (badly)! how the hell do you losers survive with your remaining 2 brain cells? stop snorting the white-out, please! |
| 5/20/03: Anonymous says: |
Iraqi pussy smell like Babaganoush and Humus. |
| 5/20/03: Anonymous says: |
At my college, my fellow frat brothers and I recently beat up several foriegn Indian students just to let them know that they are not welcome here in America. A few of them have actually dropped out of school due to the fear we have instilled in their minds. In times like today, I feel Americans must resort to violent. We must let all these sand niggers and chinks know they are not welcome in the USA. |
| 5/20/03: Anonymous says: |
Check out this link. This man should be deemed a true American hero. http://www.sun-sentinel.com/news/local/florida/sfl-520mosque,0,7992155.story?coll=sfla%2Dnews%2Dflorida |
| 5/20/03: Dave from Minneapolis says: |
Oh how discussion threads degenerate into childish blither. I'm sorry, but if this is any measure of the quality of IT people we're all doomed. Look, the only way "things" will get better is if we individually (and collectively as a group) get better. I understand the frustration. These are not "good" times, but the past was better than good for most. I know many who did not belong in the position they had; project managers who knew nothing about it, programmers who were really coders, children charged with doing adult work. That time has past and now it's time to EARN IT. If I.T. is where you want to be, then do it. Live with the fact that good times and challenging times go together. If I.T. (programming, networking, databases, etc.) is your career -- then be the best you can be and let everyone else follow their own path. Stop wollowing around in your discontent and rise above it. |
| 5/20/03: Anonymous says: |
blah, blah, blah, blah. you sound like Charlie Brown's mom. |
| 5/21/03: Anonymous says: |
Foreigners aren't welcome in the USA? OK fine. But the fact is how many thousands of scientists, doctors, and other experts and professionals are imported from those foreign countries, India, China, Taiwan, Japan, Korea, etc. They are needed and called upon to perform jobs and services in the USA. And now, they start sending jobs and projects offshore to those countries. And you say they're not welcome in USA? Hey the USA companies' CEO's need and import them or even trust their projects to the people from those countries, remember that! So keep that racism attitude and good luck with your professionalism. You're no different than a bum with a computer and internet. Hope you'll have your chance to get your a** kicked hard by a chinese kungfu. |
| 5/20/03: Anonymous says: |
Uh, duh-ditty, what's "a chinese kungfu"? Dumb and dumberer lol |
| 5/20/03: Anonymous says: |
hey last poster, you are dumb! |
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