IT Job Market is impacted by a true unemployment rate is closer to 12% than 6.7%

IT Job Market Reflects a  True Unemployment Rate that is Closer to 12% than 6.7%

As the economy meanders into an ever so slow recovery CIOs are reluctant to expand staff size or implement new applications.  That with the added impact of increased costs associated with the Affordable Care Act and ever increasing uncertainty about the state of recovery does not bode well for IT Pros.

True Unemployment Rate

Until the participation rate begins to improve, no real recovery can take place.  And with that the IT job market will remain at the state that it is in today.

IT Job Market Gains

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Author: John Stamms

IT Manager from a company in the EU. Very interested in how people in the US manage the IT function and all of its associated issues.

One thought on “IT Job Market is impacted by a true unemployment rate is closer to 12% than 6.7%”

  1. IT job market lost 1,400 jobs in January plus most organizations have halted IT hiring…

    Even with the overall unemployment rate falling to 6.6% there was a decrease in the total number of IT jobs as measured by the BLS data that was just reported. 1,400 IT jobs were lost in January and in the last 12 months only 75,500 jobs were created with most of those added in November.

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