The one year increase of 4.14% compares to a national jobs increase of 1.52% and exceeds even the growth in the health sector, which increased by 2.26% between January 2012 and last month.
Noting that IT employment got off to a “strong start” last month, TechServe CEO Mark Roberts said, “Despite the lingering uncertainty with the U.S. and global economies, I anticipate demand for IT professionals will remain robust throughout 2013.”
With unemployment in the sector below 4%, the hunt for IT talent is only going to get harder this year.
Rona Borre, CEO of Chicago’s recruiting and tech-staffing firm Instant Technology LLC., told Crain’s Chicago Business, that the market for tech talent is “the tightest I’ve seen it since the tech boom in the late 1990s.”
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Silicon Valley Bank surveyed 750 company leaders learning that 87% of them find recruiting talent with the skills they need to be “somewhat” or “extremely challenging.” Two-thirds of them say the biggest challenge they have to retaining talent is “finding and competing for the people with the right skills.” The cost of salaries and benefits, though a concern, came in a distant second. Most critical are the STEM skills, the executives said.