Hiring Demand for IT Occupations slipped 5.7% on a year-over-year basis compared to last month. Nine of the ten IT occupations classified by the Bureau of Labor Statistics showed decline.
Compared to last year, Hiring Demand for IT occupations is down 35.7%. It was down only 30% last month. "Network Systems and Data Communications Analysts", which had been relatively spared so far, saw the largest relative drop in Hiring Demand, falling 9% to -18.2% compared to a year ago.
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Only "Computer and Information Research Scientists" have shown growth. However, IT research scientists represent less than 1% of all IT workers. Since this is a small and highly specialized group, Hiring Demand for these workers has usually displayed more variance.
The bright news is that despite this slight setback, Hiring Demand has been steady after completely missing the usual January "rebound in hiring". Even though Hiring Demand is half of what it was in January 2008, it has at least stabilized.
Source: WANTED Analytics 2.0
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