The most recent Bureau of Labor Statistics report shared positive news for the U.S. economy, indicating solid overall job growth and the addition of new information technology (IT) positions to what continues to be a bullish sector. Overall, the U.S. economy added 288,000 jobs in June, making it the fifth consecutive month of significant gains. Meanwhile, innovation and consumer demand for leading-edge technologies is spurring growth in IT sector jobs, which last month alone added 8,700 payroll positions across telecommunications, data processing and computer systems design services.
Projections for additional IT job growth are strong. According to an annual study conducted by Computer Economics, a survey of more than 200 IT organizations in the U.S. and Canada concludes that 52 percent of these organizations plan to add staff. This is the first time since 2007 that more than half of IT organizations reported plans to increase the number of jobs with their companies. While this rise will predominantly take place in larger organizations, the data indicate that this expansion includes more midsize companies, with sectors such as financial services and healthcare providers leading the way in the highest rates of IT staff growth.
Technologies such as cloud computing are also facilitating notable job growth. According to an IDC study commissioned by Microsoft, spending on public and private IT cloud services is expected to create nearly 14 million jobs worldwide from 2011 to 2015. “The cloud is going to have a huge impact on job creation,” says Susan Hauser, Microsoft corporate vice president of the Worldwide Enterprise and Partner Group. “It’s a transformative technology that will drive down costs, spur innovation, and open up new jobs and skillsets across the globe.”
Analysis earlier this year from the Pew Research Center charts the growth and change in tech professions between 1997 and 2012. As the study points out, perhaps even more compelling than the data, which shows approximately 3.9 million workers in “core” tech occupations, is the way in which these professions and titles have changed and paralleled the evolution of technology. For example, information security analysts and web developers were not established occupations in 1997. And positions such as programmers, software developers, and support specialists have grown significantly, while computer operators have declined.
Clearly, the continuing growth and development within the technology sector is not only contributing to the economic health of the marketplace, but is also bringing new opportunities to the nation’s workforce, which is good news indeed for America’s job seekers.