IT jobs increase for third straight month in March

Jobs in the IT industry have grown three months in a row.

IT jobs grew for the third month in a row in March, according to Janco Associates' IT market report.

Between January and March, the IT industry has created 17,500 jobs, Janco reported. In the past 12 months there's been a total of 81,900 new jobs. The unadjusted job-growth rate for telecommunications workers was 0.4 percent. For data processing, hosting and related services the rate was 0.94 percent, other information services workers grew at 7.25 percent and computer systems design related service employees increased at a rate of 3.7 percent.

The overall growth for the IT sector is limited. As of March there are 3.5 million fewer workers in the industry than in 2007 and labor participation is the lowest it's been for 30 years at 63.2 percent, according to Janco. However, March's 63.2 percent is an improvement from January's 63 percent.

The IT sector's job growth is still below what's needed to keep pace with the U.S. economy's adult population, Janco reported. In total, 175,000 jobs were added in February, according the U.S. Bureau of Labor Statistics. This is less than half of the positions needed to employ the number of newcomers in the job market.

The IT industry will see a high turnover rate, Janco predicts. IT businesses are moving to more flexible staffing models, which means they may let employees go and hire contractors and project based workers instead. IT companies are also looking to hire professionals with business, risk management and project management skills.

Recruitment
Companies in the IT sector may have difficulty finding workers with the most up-to-date qualifications such as data security and cloud computing. Businesses should work with technology recruiters to find the employees or contractors with the best IT skills. 

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