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	<title>Jobs. Trends. Insight. &#187; Computer Software Engineers Applications</title>
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		<title>IT Hiring Demand Robust in October &#8211; Trending up 4.9% per Month (update)</title>
		<link>http://www.wantedanalytics.com/insight/2009/11/09/it-hiring-demand-robust-in-october/</link>
		<comments>http://www.wantedanalytics.com/insight/2009/11/09/it-hiring-demand-robust-in-october/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 19:48:33 +0000</pubDate>
		<dc:creator>Charles Thibault</dc:creator>
				<category><![CDATA[Computer/Math/IT]]></category>
		<category><![CDATA[Hiring Demand Indicators]]></category>
		<category><![CDATA[Computer and Mathematical Occupations]]></category>
		<category><![CDATA[Computer Programmers]]></category>
		<category><![CDATA[Computer Software Engineers Applications]]></category>
		<category><![CDATA[Computer Software Engineers Systems Software]]></category>
		<category><![CDATA[Computer Support Specialists]]></category>
		<category><![CDATA[Computer Systems Analysts]]></category>
		<category><![CDATA[Database Administrators]]></category>
		<category><![CDATA[Information Technology]]></category>
		<category><![CDATA[IT]]></category>
		<category><![CDATA[Network and Computer Systems Administrators]]></category>
		<category><![CDATA[Network Systems and Data Communications Analysts]]></category>

		<guid isPermaLink="false">http://www.wantedanalytics.com/insight/?p=4690</guid>
		<description><![CDATA[Hiring Demand for "Computer and Mathematical Occupations" grew by 6.5% in October on a seasonally unadjusted basis according to data from WANTED Analytics 2.0. This confirms the positive trend we saw begin in June, when Hiring Demand starting growing at an average monthly rate of 4.9%. This positive trend has affected most US metro areas. [...]]]></description>
			<content:encoded><![CDATA[<p>Hiring Demand for "Computer and Mathematical Occupations" grew by 6.5% in October on a seasonally <em>unadjusted </em>basis according to data from WANTED Analytics 2.0. This confirms the positive trend we saw begin in June, when Hiring Demand starting growing at an average monthly rate of 4.9%. This positive trend has affected most US metro areas.</p>
<p>WANTED Analytics tracks the number of online job ads on over 1,000 employment websites:</p>
<div id="attachment_4701" class="wp-caption aligncenter" style="width: 687px"><img class="size-full wp-image-4701" title="2009 11 09 - Monthly 150000" src="http://www.wantedanalytics.com/insight/c/uploads/2009/11/Monthly-150000.PNG" alt="Source: WANTED Analytics" width="677" height="245" /><p class="wp-caption-text">Source: WANTED Analytics</p></div>
<p>IT Hiring Demand grew faster than the rest of the economy &#8211; <em>national </em>Hiring Demand, all Occupations considered, grew by 4.0% over the same period. Removing the positive effect that IT workers had on the national average, national Hiring Demand grew by only 3.3%. (In other words, IT occupations contributed 0.7% to the overall growth in national Hiring Demand).</p>
<p>The table below details changes in Hiring Demand by occupation. Occupations are defined by the Bureau of Labor Statistics and their Standard Occupational Classification (SOC) System. Five occupations saw increases in Hiring Demand, while three saw drops. Drops were concentrated in "Computer Software Engineers", both "Applications" and "Systems Software".</p>
<table style="border-collapse: collapse; margin: 0.6em auto 1.6em;"><thead><tr><th scope="col" style="text-align: center; color: #000066; font-weight: bold; padding: 3px 6px;">SOC</th><th scope="col" style="text-align: center; color: #000066; font-weight: bold; padding: 3px 6px;">SOC Description</th><th scope="col" style="text-align: center; color: #000066; font-weight: bold; padding: 3px 6px;">Percent Change, OCT (NSA)</th></tr></thead><tbody><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #990000;">000000</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #990000;">All Occupations</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #990000;text-align: center;">4.0%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #000099;">150000</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #000099;">Computer and Mathematical Occupations</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;font-weight: bold; color: #000099;text-align: center;">6.5%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151071</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Network and Computer Systems Administrators</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">9.5%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151021</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Computer Programmers</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">9.1%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151061</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Database Administrators</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">7.9%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151081</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Network Systems and Data Communications Analysts</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">7.7%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151041</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Computer Support Specialists</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">5.7%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151051</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Computer Systems Analysts</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">-1.2%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151031</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Computer Software Engineers, Applications</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">-5.9%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">151032</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Computer Software Engineers, Systems Software</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">-27.0%</td></tr></tbody></table>
<p>What's more, IT Hiring Demand is growing faster now than it did during the "boom times" of 2006/2007. The following table and weekly time series chart, where the count of online job ads is taken as a natural log to facilitate trending analysis, clearly shows this:</p>
<table style="border-collapse: collapse; margin: 0.6em auto 1.6em;"><thead><tr><th scope="col" style="text-align: center; color: #000066; font-weight: bold; padding: 3px 6px;">Period</th><th scope="col" style="text-align: center; color: #000066; font-weight: bold; padding: 3px 6px;">Monthly Growth Rate</th></tr></thead><tbody><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">Oct.2006 &#8211; June 2008</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">+1.2%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">July 2008 &#8211; May 2009</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">-6.5%</td></tr><tr><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;">June 2009 &#8211; Current</td><td style="border-top: 1px solid #e0e0e0; padding: 3px 6px;text-align: center;">+4.9%</td></tr></tbody></table>
<p><span id="more-4690"></span></p>
<div id="attachment_4719" class="wp-caption aligncenter" style="width: 744px"><img class="size-full wp-image-4719" title="2009 11 10 - Trend Graph" src="http://www.wantedanalytics.com/insight/c/uploads/2009/11/Trend-Graph.png" alt="Source: WANTED Analytics" width="734" height="533" /><p class="wp-caption-text">Source: WANTED Analytics</p></div>
<p>The upward trend has affected most US metro areas, although not uniformly. Looking at the 'Top 5' US Metro Areas in terms of job ad volume, IT Hiring Demand over the past 5 months has grown the most in Boston (+8.5%), followed by New York (+7.0%), Washington (+4.9%), Los Angeles (+3.6%) and Chicago (+1.7%).</p>
<div id="attachment_4720" class="wp-caption aligncenter" style="width: 688px"><img class="size-full wp-image-4720" title="2009 11 10 - 5 metros" src="http://www.wantedanalytics.com/insight/c/uploads/2009/11/5-metros.PNG" alt="Source: WANTED Analytics" width="678" height="408" /><p class="wp-caption-text">Source: WANTED Analytics</p></div>
<p>The graph below, taken from WANTED Analytics, details the number of new online job listings for 4 of the 5 occupations showing growth in October:</p>
<div id="attachment_4702" class="wp-caption aligncenter" style="width: 683px"><img class="size-full wp-image-4702" title="2009 11 09 - Occupations Up" src="http://www.wantedanalytics.com/insight/c/uploads/2009/11/Occupations-Up.PNG" alt="Source: WANTED Analytics" width="673" height="321" /><p class="wp-caption-text">Source: WANTED Analytics</p></div>
<p>Both types of "Computer Software Engineers" saw declines in October. These were the only two IT occupations to experience a significant drop in October.</p>
<div id="attachment_4703" class="wp-caption aligncenter" style="width: 688px"><img class="size-full wp-image-4703" title="2009 11 09 - Occupations Down" src="http://www.wantedanalytics.com/insight/c/uploads/2009/11/Occupations-Down.PNG" alt="Source: WANTED Analytics" width="678" height="266" /><p class="wp-caption-text">Source: WANTED Analytics</p></div>
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