Post Pandemic - Over 100K new IT jobs in past 8 months

Over 100K IT jobs added in the past 8 months - 30,400 IT jobs created in the first quarter according to Janco

IT hiring ticks up as most of the jobs lost due to Covid and shut-downs have been recovered

Park City UT - According to an analysis by Janco, there has been growth in the IT job market each of the past eight (8) months.

IT Job Market Change - October 2024

IT Job Market shrank by 8,400 jobs last month - lost 29,100 jobs YTD

Updated with the data from the BLS and Janco Associates Inc as of October 2024 Analysis shows that IT Job Market has shrunk by 48,600 jobs in 2023. In the first ten months of 2024, the IT job market shrank by 29,100 jobs.

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IT Job Market will have shrunk by an average of 4,900 jobs in CY 2024

There are approximately 71K unemployed IT Professionals. The IT job market shrank by over 48,600 jobs in CY 2023. Overall that is a flattening of the long-term growth rate pattern of the IT job market. Based on our data and forecast models, there will be no growth in the IT Job Market in the calendar year 2024.

 

Data complied and forecast updated by Janco Associates with data as of October 2024

He added, "To support CIOs in managing this process, we have just released our Post Pandemic CIO Management Tool Kit. It contains everything that they need to have a set of functioning infrastructure policies, job descriptions, skill set definitions, compensation data, hiring tools, and post pandemic processes including WFH and cloud processing."

Read on  Order Management Tool Kit