White House Plan to Create 600K Jobs in 100 Days Won't Help Tech

The impact of the nearly $800 billion stimulus package on shrinking IT employment remains in the future, despite President Obama's plan to expedite hiring of some 600,000 people over the next 100 days.

By Patrick Thibodeau

Mon, June 08, 2009Computerworld The real impact of the nearly $800 billion stimulus package on shrinking IT employment remains in the future, despite President Obama's plan, announced today, to expedite hiring of some 600,000 people over the next 100 days. Many of the jobs in this summer boost will be aimed at the construction and education fields and at young people.

Slideshow: Where the IT Jobs Are: 10 American Cities

Meanwhile, the forecast for the next six months is for more tech sector layoffs, according to a new survey.

Of the 1,900 technology recruiters and hiring managers queried about the tech labor market by jobs board Dice.com, 43% believe that layoffs are either "likely" or "very likely" over the next six months. The semi-annual survey also found that companies are giving themselves more time to vet candidates, extending the hiring process.

" It's still a pretty rough market," said Tom Silver, a senior vice president and chief marketing officer at New York-based Dice. Employers that are hiring "are looking for candidates that truly fit like a glove and are lengthening the interview process," he said. Dice has about 48,000 jobs listed on its Web site, which is about 45% below this time last year.

But IT is holding up better than the overall market. Although tech employment has been declining month over month since December, IT unemployment is at 5.6%, compared with a national average of 9.4%.

The IT job market has always been quirky, however. Some companies, especially in health care, open source and Web applications may be aggressively hiring, while tech jobs in problem industries, such as automotive and manufacturing, are shrinking.

David Foote, CEO and chief research officer at IT workforce research consultancy Foote Partners LLC, pointed out in his own analysis of labor data that technical consulting services added jobs in the last two months, as did communications, while jobs in computer systems design and related services have been declining. The recession has had minimal impact in areas such as architecture, project management, business processes, security, communications, and several ERP and infrastructure specializations.

Foote said IT companies will lead the U.S. out of a recession because of the role IT plays in new product creation, delivering services and other areas.

The White House jobs announcement today will create, among other things, 125,000 summer youth jobs, 135,000 teaching and support staff jobs, and will fund construction at Veterans Administration medical centers, new waste water and treatment systems, and clean-up of Superfund Sites.


Loading...
Network MarketSpace
Thinking About Deploying Mobile Broadband?
Explore lessons and best practices experienced by companies that have deployed mobile broadband to their workforce. Learn more »
Increase Application Performance and User Experience
This research shifts the attention from basic load-balancing features to application delivery features. Learn more »
Gartner Magic Quadrant, Application Delivery Controllers 2009
The market for products to improve the delivery of application software over networks remains dynamic. Learn more »
McAfee's Network Security Platform IPS
McAfee's Network Security Platform IPS; the costs, benefits, flexibility, and risk elements. Learn more »
The Cost of SQL Sprawl
Learn how a new approach to SQL server consolidation can reduce server counts by 50%, lower maintenance costs by 70% and reduce administration time by 75%. Learn more »
A Bottleneck-free Infrastructure
Storage bottlenecks have a significant impact on performance and productivity. Learn more »
Application Delivery Despite Emerging Challenges
IT organizations need to choose appropriate application delivery solutions that can scale to support the emerging challenges. Learn more »
 
SPONSORED LINKS
 

ROI of Application Delivery Controllers

Upgrading to VMware vSphere with vWire

Maximizing website Return on Information with high-quality search

See how AT&T can help protect your network.

Webcast: Unleashing the Power of Customer Data

White Paper: Improve Agility with Operational Responsiveness

White Paper: Legacy Tools: Not Built for the Helpdesk

Taking a Seat at the Executive Table: The Reality of Virtualization

White Paper: Next Generation Remote Infrastructure Management

Keeping Your Members Safe from Online Scams and Predators

The Total Economic Impact of Network Security Intrusion Prevention

Generation Remote Infrastructure Management - Changing the Paradigm

Cloud-Based Email Management: Opinion Shifts In Favor

eBook: How Can You Make Your People Productive Anywhere?

Achieving Business Agility with Application Grid

Ready to virtualize tier one applications? Check your virtualization maturity.

Seven Ways ITIL Can Help You in an Economic Downturn

Tips for successful virtualization management.

AT&T Synaptic Storage as a Service. Expand on demand

Trend Micro ranked #1 against real-world malware. Read more.

Webinar: Jump-start your in-house e-discovery with Ringtail QuickCull from FTI Technology

Streamline IT Costs. Boost Performance with WAN Optimization.

Build your 1st app FREE with Force.com

TDWI checklist helps define data readiness for analytics. Download report.

eZine: A Roadmap to Reducing IT Complexity

Gartner Magic Quadrant, Application Delivery Controllers 2009

Return on Information: Google Enterprise Search pays you back

Cut Costs & Green Your IT Operations with PC Power Management

White Paper: 4 Customer Service Myths

White Paper: Managed Security for a Not-So-Secure World

White Paper: 5 Best Practices for Smartphone Support

Global Research: CIOs Weigh In On Virtualization

5 Key Virtualization Management Challenges

Secure Email and Web-Based Communication from Evolving Attacks

WagerWorks Takes Fraudsters Out of the Game using iovation

Seven Design Requirements for Web 2.0 Threat Protection

Increase UPS efficiency without sacrificing protection.

Learn how advanced forecasting tools can deliver significant business results for global corporations.

Lower IT Costs with Oracle Database 11g Release 2

White Paper: Visibility and the New Normal of Mobile Work

Taking the Service Desk to the Next Level

Learn about The Information Technology Infrastructure Library.

Return on Information: Google Enterprise Search pays you back. Get the facts.

VMware. The source for Business Infrastructure Virtualization.

ShoreTel tells businesses to untangle from competitors' complexity and turn to its brilliantly simple UC solution

Top Five CIO Challenges

Read the RSA report: Security for Business Innovation

64-page prescriptive guide to security, compliance, and IT operations.

A Clear View Toward Virtualization

Virtualization Technology as a Business Solution

 
 
RESOURCE CENTER