IT Jobs Numbers Rebound in June, Salaries Remain Flat

The information technology job market added 9,900 jobs in June, which brings the sector's rate of job growth back to where it was earlier in the year, when 9,800 jobs were created in January, based on data from the Bureau of Labor Statistics. Only 7,900 IT jobs were created last month.

Despite that good news, however, salaries remain flat, according to “Janco’s Mid-Year IT Salary Survey,” from IT consultancy Janco Associates, and CIOs are still in no hurry to add to IT staffs.

“Based on our interviews with over 96 CIOs in the last 30 days, we concluded that CIOs are not in a great hurry to hire new staff except to meet short-term needs until they see a clear trend as to what is happening with the economy,” said Victor Janulaitis, Janco’s CEO. “Sixty-seven percent of the CIOs we interviewed do not see any real push to expand staffing over the next 12 months.”

In the past 12 months, the IT job market has added 88,900 jobs and the overall labor market participation rate increased to 63.5 percent, Janco reported.

Computer systems design and related services added 7,300 jobs last month, compared to 6,100 in May; data processing and hosting-related services added 1,800 jobs last month, compared to 200 in May; and telecommunications added 700 jobs in June, the same number added in the month prior. Other information services added 100 jobs, compared to 1,400 in May.

Janco states in the report that the three-month moving average indicates an improved job market.

The healthcare job market continues to be a bright spot for the U.S. labor market, Janco said, and is one area IT professionals continue to find employment opportunities based on the implementation of electronic patient records, which is a driving force in that area.

 

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