New Physical/Virtual Server Security Policy released by Janco

Janco has just updated its Disaster Recovery /Business Continuity and Security Manual Templates with its new Physical and Virtual Server Security Policy - Tools that every IT department and CIO can depend

Park City - UT - The latest BLS data shows a continued slowing in the rate of job creation for IT jobs. The CEO of Janco Associates, Mr. Victor Janulaitis said, "Based on our interviews with over 90 CIOs in the last 30 days, we concluded that CIOs are not in a great hurry to hire new staff. In addition, a number of CIOs do not see any real push to expand staffing over the next 12 months. "

There was a net increase of 7,900 IT job market in May. There was an improvement in computer systems design and related services of 6,000 jobs (versus 4,700 in April); data processing and hosting related services lost 400 jobs (versus gaining 200 jobs in April); Telecommunications gained 2,900 jobs (versus 1,000 in April); and other information services gained 2,600 jobs (versus 1,300 in April). The three month moving average has moved down.

Changes in the number of net IT Jobs created or lost

In the last three (3) month the IT Job market shrank by 3,900 jobs. This chart is not the originally published one, rather it is updated with the current data based on the analysis by Janco Associates, Inc. For the latest IT Employment Data click here. Subscribe to our Newsletter to get this information delivered to your inbox as soon as it is released. SUBSCRIBE

The labor market participation rate remains at a record low of 63.4%. There are 3,000,000 fewer individuals working than in 2007.

The three month moving average for IT job market growth trend for IT Professionals is flat.

IT Hiring Plummets

IT Job Market growth 2017 thru 2023

Change in IT job market size - Number of jobs created or lost for IT Pros
The latest data for more read on...

Note - data includes the adjustments by the BLS to the initially reported data.

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The CEO 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. "

Unemployment Rate 2.3% - Lower than the National Unemployment Rate

Janco forecasts that there will be a high demand for IT Pros in the CY 2025

Hiring Plans
Updated with the latest forecast - Read on...
Impact on the IT Job Market

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