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IT Hiring Demand Maintains Growth Trend; Washington, DC Surpasses New York

By Charles Thibault on December 10, 2009 in Computer/Math/IT, Hiring Demand Indicators.

Hiring Demand for IT workers remained on trend in November, according to data from WANTED Analytics which tracks the number of online job ads on over 1,500 employment websites. On a seasonally adjusted basis, IT Hiring Demand is up 0.5%.

The end of November usually marks the start of a two month seasonal hiring slowdown. We were in fact expecting the number of job ads to fall slightly on a seasonally unadjusted basis, as shown in the graph below.

Source: WANTED Analytics

Source: WANTED Analytics

One of the interesting consequences of the recession is that Washington, DC now posts more IT jobs than New York City. The financial crisis hit New York City the hardest, and the "more buffered nature" of Washington's economy (think federal government) means that it's Hiring Demand didn't fall quite as much. According to the Bureau of Labor Statistics, New York City had 252,000 "Computer and Mathematical" workers in May 2008, (Standard Occupation Code 150000), while Washington had 203,000. We can expect, when the BLS releases its 2009 data, that the Washington, DC metro now employs more of these workers that New York.

Hiring Demand in Boston fell sharply after a stronger than expected October:

Source: WANTED Analytics

Source: WANTED Analytics

The only occupation to be have seen some difficulties in the 3rd quarter of 2009 are "Applications Engineers".

Source: WANTED Analytics

Source: WANTED Analytics

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