Silicon Valley IT Hiring Remains Flat

By Juli Morris on July 6, 2009 in Computer/Math/IT.

Online job ads for IT professionals by Silicon Valley companies have risen slightly off of the three-year low in mid-April, but Hiring Demand for the first half of 2009 remains flat.

Silicon Valley Hiring Demand for this sector is down 12.7 percent from its 2009 peak in early February but, overall, appears to have stabilized.

Source: WANTED Analytics 2.0

The IT occupations with the greatest Hiring Demand in Silicon Valley are 'Computer Software Engineers, Applications', 'Computer Software Engineers, Systems Software', and 'Web Developers'. The direct employers posting the most online job ads were Apple, Yahoo!Inc., Google Inc., Motorola, and eBay.

Last week we posted an update to our Hiring Demand Indicator data for the IT sector, which showed that overall conditions had improved slightly for IT professionals nation-wide. The HDI for IT Occupations presents national year-over-year growth broken down by 6-digit SOC codes, and indicates the occupations within IT that have seen the most severe drop in hiring demand, along with those that are weathering the recession better than average.

The outlook for the sector remains guarded. Forrester Research now predicts that global IT spending will decline 10.6 percent this year, an increase from the 3 percent it had previously forecast.