IT job market growth slowed from 9,800 jobs in January to 7,900 in May, according to Janco Associates, international consulting firm that analyzes data from the U.S. Bureau of Labor Statistics on a monthly basis.
There have been 87,600 jobs added in the last 12 months, and 7,900 — seasonally adjusted — of those were added in May. While this is more than March’s 5,400 and April’s 4,600, the rate of growth is still slow compared to the past and is not expected to speed up in the next 12 months, according to Janco CEO Victor Janulaitis.
“Based on our interviews with more than 90 CIOs in the last 30 days, we concluded that CIOs are not in a great hurry to hire new staff,” he said. “Janco’s CIO Hiring Plan Forecast looks mixed in the short term with CIOs becoming more cautious in their hiring as the recovery stalls and taxes increase.”
In May, there was a total — seasonally unadjusted — improvement in computer systems design and related services to 6,000 jobs; data processing and hosting related services lost 400 jobs; telecommunications gained 2,900 jobs; and other information services gained 2,600 jobs.
According to Janco, as a result of the implementation of electronic records, the health care job market continues to be a bright spot on the overall U.S. labor market.
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