IT Job Market Growth Slows as Recovery May Be Stalling reports Janco
16.7K IT jobs created in September versus 22K in August
IT hiring still robust with 117,500 IT jobs created so far in 2021
Park City – UT– www.e-janco.com – – Janco reports that 2021 YTD job growth exceeds 2020 by 202,400 YTD. According to the latest BLS data analyzed by Janco there are now 3.72 million jobs for IT Professionals in the US. The three-month moving average trend for the creation of IT Pros jobs has leveled off. On the bright side, for 13 months in a row there has been an increase in the number of jobs added to the IT job market. The hiring of IT Pros continues to be robust but measured. This is true across all industries but is focused more on those enterprises where employees are moving back to the in-office environment.
The CEO of Janco Associates, Inc., Mr. M. Victor Janulaitis said, “An average of 13,000 IT jobs have been added to the IT job market each month of 2021. This number could be greater, but CIOs are having difficulty finding candidates who are qualified for positions that they need to fill. Much of the recruiting emphasis is on developers with experience in security/compliance and outward facing Internet based applications. That added to the issue of staff retention has recruiting and HR as top priorities for CIOs.”
Monthly Job Market Growth
Data as of May 2023
Source BLS analysis by Janco Associates, Inc.
The full analysis can be found at https://e-janco.com/career/employmentdata.html
IT Job Market Forecast - May 2023
There has been a major shift in the creation of new IT Jobs - economic slowing is the driver.. We estimate that an number of new IT jobs that will be created in 2023 will now be between 60k-70k.
IT Job Market Change - May 2023
IT Job market growth with inflation, economic slowing, and major layoffs.
Change In IT Job Market Size - May 2023
75.7K IT Jobs have been added in the past 12 months - The IT Job Market grew by 1,100 jobs in the last 3 months - most of that can be attributed to ecommerce and Internet based applications
The CEO added, “We have just updated our IT Hiring Kit. It contains over 312 industry-standard job descriptions, the latest IT salary data, and our exclusive Interview Recruiting and Hiring guide. More information on the IT Hiring kit can be found on our website at https://e-janco.com/ithirepack.htm ”. He added, “…we have created a System Analyst job class to our IT Professional Job Family Classification & Pay Grade system. Along with that and our most recent salary survey, we have created several templates for pay grades for the job family. These detailed job descriptions and pay grade templates will be added to the inventory of IT Job descriptions available in the IT Hiring Kit as they are developed.”
Janco is an international consulting firm that follows issues that concern CIOs and CFOs. The firm publishes a series of IT and business Infrastructure HandiGuides® and Templates including IT Infrastructure Policies and Procedures, Disaster Recovery/Business Continuity Template, Security Template, IT Job Descriptions, and its semi-annual IT Salary Survey.