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Careers in Information Technology. Dr. Ron McGaughey Professor of Management Information Systems University of Central Arkansas. IT Job Market. Nationwide. The number of job openings for IT professionals nationwide has increased by 42.4% from 2004 to 2006. - PowerPoint PPT Presentation
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Careers in Information Technology
Dr. Ron McGaugheyProfessor of Management Information SystemsUniversity of Central Arkansas
IT Job Market
NationwideThe number of job openings for IT professionals nationwide has increased by 42.4% from 2004 to 2006.
(SkillProof, 2006—for more information see www.skillproof.com)
The Shortage
US Department of Labor projections suggest that ``computer/math scientist'' jobs, which include programming, will increase by 40%, from 2.5 million in 2002 to 3.5 million in 2012. (source: Dept. of Labor Statistics)
Colleges (important suppliers in this labor market) are not keeping up with demand (employer demand for graduates in Technology fields). A 2005 survey of freshmen showed that just 1.1% planned to major in computer science, down from 3.7% in 2000.(source: Business Week Online)
These jobs are not all going offshore--only 5% of the “Technology” jobs have gone offshore. Currently in the US, for every 9 jobs created here, one job goes offshore.(source: Business Week Online)
Average Number of Job Openings for IT Professionals
Nationwide, 2004 – 2007
(SkillProof, 2007)
126,300
160,700
179,800
223,300(projected)
0
50,000
100,000
150,000
200,000
250,000
2004 2005 2006 2007
IT Sales and Marketing 121.9%
Business/Process Design 106.3%
IT Management 77.7%
Software Development 75.5%
IT Architects/Consultants 65.9%
Systems Administration 56.6%
Systems Engineering / Support59.4%
Growth of Job Openings by Category, Nationwide, 2004 – 2007(projected)
(SkillProof, 2007)
Job Openings by Category,Nationwide, 2006 and 2007
(SkillProof, 2007)
2006 2007(projected)
Systems Engineering / Support 48,500 61,300
Software Development 37,000 46,100
IT Management 26,100 30,100
IT Architects/Consultants 24,800 28,600
IT Sales and Marketing 15,800 18,000
Systems Administration 8,300 9,600
Business/Process Design 6,000 7,300
Most Required Tech Skills,Nationwide, 2006 and 2007
Job Openings (estimated)Technology
(SkillProof, 2007)
2006 2007(projected)
MS Windows O/S 32,900 41,900
SQL 26,000 34,900
Java 25,300 33,800
C++ 23,700 33,600
Oracle DBMS 17,000 19,700
XML 14,700 21,800
HTML 14,700 12,000
Linux 14,200 24,640
Estimated IT Job Openings
Arkansas, 2004 – 2007
200
400
600500
(projected)
0
100
200
300
400
500
600
700
2004 2005 2006 2007
The number of job openings for IT professionals in Arkansas has increased by 200% from 2004 to 2006.
(SkillProof, 2007)
Estimated IT Job Openings Arkansas, 2004 – 2007
0
100
200
300
400
500
600
700
800
900
Mar
-04
May
-04
Jul-0
4
Sep
-04
Nov
-04
Jan-
05
Mar
-05
May
-05
Jul-0
5
Sep
-05
Nov
-05
Jan-
06
Mar
-06
May
-06
Jul-0
6
Sep
-06
Nov
-06
Jan-
07
Mar
-07
May
-07
(SkillProof, 2007)
Salary
ArkansasAccording to the Bureau of Labor Statistic (BLS) in its latest
Occupational Employment Survey (OES), computer and mathematical occupations ranked fourth in income of all occupations in 2006 after Management, Legal and Architecture and Engineering Occupations and before business and financial operations occupations in Arkansas.
The mean income estimate for computer and mathematical occupations for 2006 is $51,790
(SkillProof, 2007)
Salary Statistics
IT related jobs are among the best paying jobs with the highest expected growth rates.(Money.Com at http://money.cnn.com/magazines/moneymag/bestjobs/top50/index.html)
Job Growth Rate(10 years)
Annual Salary and Bonuses
Software engineer 46.07% $80,427
Computer and information scientists, research
25.63% $96,797
Computer/IT analyst 36.10% $83,427
Check it out yourself!
The Future of IT (Microsoft Corp.) good overview of job situation—shortage.
Salary.Com about salaries. Job Web job outlook for various jobs and much
more. SkillProof job stats updated regularly—very US Dept. of Labor Bureau of Labor Statistics
look up jobs, outlook, salaries, etc. Microsoft Learning (IT Careers) lots of links to
other relevant sites pertaining to jobs, salaries, job outlook, etc.
For Questions about SkillProof
contact:Henning SeipSkillPROOF Inc.55 Broad Street, 10th floorNew York, NY 10004ph: 917-463-3941 email: [email protected]