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Tech Boom Brings Lower Unemployment

By Ashley Rowe on September 29, 2012 in Information Technology - XLK.

Computerworld recently reported that IT employment increased in August. They pointed out 2 occupations: "From the first quarter to the second quarter of this year, the unemployment rate of Computer Hardware Engineers went from 4.4% to .05%. For Software Developers, the unemployment rate shrank from 3.6% to 2.5% over the same period." If employment is increasing what does hiring demand look like for these 2 tech fields?

Hiring demand for Computer Hardware Engineers picked up in the past couple years, increasing 26% since August 2010. During this time period, the highest point in demand was June 2012 with over 5,800 job ads listed online. Demand has remained consistently at higher levels this year rather than occasionally dipping as it did last year. Although, demand for this position isn't as high as demand for Computer Programmers, it still is increasing. San Jose, CA led hiring demand for this occupation while the largest increase in demand occurred in Longmont, CO.

We looked at Computer Programmers since Software Developers falls under this SOC code. Hiring demand for Computer Programmers followed a similar path as Computer Hardware Engineers. The volume of job ads for this occupation also increased 26% in the past 2 years, since August 2010. The highest point in demand was May 2012 with more than 40,300 online job ads. Overall, New York City experienced the most demand for Computer Programmers while Detroit, MI had the biggest increase in demand since last year.

Hiring Demand Growth Chart for
Computer Hardware Engineers and Computer Programmers

Hiring Demand Growth Chart

SOURCE: WANTED Analytics™

The nationwide Hiring Scale™ heat map for Computer Hardware Engineers demonstrates that Miami, FL has the most favorable environment for sourcing talent. Lower hiring demand and a larger qualified talent pool improve recruiting conditions in this area. Other cities with less difficult hiring conditions include Louisville (KY), Indianapolis (IN), Palm Bay (FL), and Huntsville (AL). Throughout the rest of the country, Recruiters can expect mixed difficulty levels when hiring.

Hiring Scale Heat Map of Computer Hardware Engineers

SOURCE: WANTED Analytics

The Hiring Scale heat map for Computer Programmers also shows mixed difficulty levels throughout the country for recruiting this IT talent. Fayetteville, AR has the best recruiting environment. Other cities with the least difficult hiring conditions are Columbia (MO), Pensacola (FL), Albany (NY), and Poughkeepsie (NY).

Hiring Scale Heat Map of Computer Programmers

SOURCE: WANTED Analytics

According to Computerworld, "CIOs are cautious, but feel that overall hiring will improve significantly in 2013 and are initially budgeting accordingly." Rising IT hiring demand can intensify competition and increase hiring difficulty for Recruiters. However, the amount of green areas shown in the Hiring Scale heat maps above demonstrate that there are multiple areas with advantageous recruiting environments. By sourcing in these areas Recruiters can reduce the difficulty level of hiring Computer Programmers and Software Engineers.

To see what the hiring difficulty level looks like in your area, try a free trial of WANTED Analytics™.

Users, log in to Analytics, go to the Heat Maps tab, enter Software Developer or Computer Hardware Engineer into Occupations and add your location.

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