Welcome!

Big Data Journal Authors: Liz McMillan, Kevin Benedict, Pat Romanski, Michael Bushong, Elizabeth White

News Feed Item

IT Workers Confident in the Economy, Job Market, Yet Concerned in Personal Ability to Find Jobs

BOSTON, Feb. 19, 2013 /PRNewswire/ -- The IT Employee Confidence Index, a measure of overall confidence among U.S. technology workers, declined slightly by 1.0 point to 55.8 in the fourth quarter of 2012. Despite the small dip in the IT index, the overall level of confidence among IT workers remains high and reflects the strength of the sector as we enter 2013. Most measures of the index reflect little change, with the exception of workers' confidence in their ability to find a new job—which significantly declined this quarter. This online survey, conducted in October, November and December of 2012 by Harris Interactive on behalf of Randstad Technologies, included 275 U.S. employees in the technology industry.

"Technology workers remain one of the most confident when it comes to job availability, the future strength of the economy and their current employer," said Bob Dickey, EVP of Technologies at Randstad U.S. "For instance, we are seeing great demand for emerging technologies within the third platform, which includes cloud computing, social technologies, big data analytics and mobility. These positions require niche skills and cutting-edge technology experience. Another high-growth area that we are seeing within the technology industry is software developers, especially candidates proficient in the main programming languages, such as Java and .Net. The occupation has produced the most jobs post-recession, adding 70,872 jobs since 2010. The Bureau of Labor Statistics expects a 30 percent increase in the number of software developers by 2020. However, we did find declining confidence in their ability to find a new job, which may reflect the growing competitiveness within the technology sector. Even amid a shortage of IT workers to fill available jobs, employers are seeking a unique combination of soft and hard skills and experience in particularly high-demand industries."

Q4, 2012 Survey Highlights:

IT Worker Confidence in the Economy Rises Slightly

  • Technology professionals' confidence in the overall economy rose slightly by one percentage point this quarter, with 34 percent believing the economy is getting stronger. At the same time, a similar percentage (35 percent), say the economy is getting weaker.

Nearly Three-in-Ten IT Workers Believe More Jobs are Available this Quarter

  • Nearly three-in-ten (29 percent) IT workers say more jobs are available this quarter, compared to 27 percent in third quarter 2012. Less than half (46 percent) of respondents believe that fewer jobs are now available.

Tech Workers Less Optimistic About their Employability

  • Dropping 11 percentage points this quarter, 44 percent of IT workers reported feeling confident in their ability to find a new job compared to 55 percent the previous quarter.

IT Workers Still Highly Confident in their Own Job Security

  • The majority (74 percent) of IT workers report it is not likely they will lose their job in the next 12 months, representing a five percentage point increase from last quarter. A mere 12 percent indicate it will be likely they will lose their job within the next 12 months.

One Out of Three IT Workers Likely to Job Hunt

  • A third of technology workers (33 percent) are likely to look for a new job in the next year versus 34 percent who were likely in the previous quarter.

To view the latest quarterly trends report, click here.   

Survey Methodology
This survey was conducted online within the United States by Harris Interactive on behalf of Randstad Technologies from October 8-10, November 12-14, and December 11-13, 2012, among 4,738 adults ages 18 and older, of which 275 are employed in IT. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact [email protected].

About Randstad Technologies
Randstad Technologies has been connecting top companies around the globe with the expert technology talent and solutions that drives their success since 1984. Our deep industry expertise and full-service capabilities—Recruitment, Consulting, Projects, and Outsourcing—enable organizations to be agile, productive and ahead in the field with their wide network of specialists and flexible solutions. For more information, visit www.randstadtechnologies.com.

About Randstad
Randstad is a $22.5 billion global provider of HR services and the second largest staffing organization in the world. From temporary staffing to permanent placement to inhouse, professionals, search & selection, and HR Solutions, Randstad holds top positions around the world and has approximately 28,700 corporate employees working from its nearly 4,700 branches and inhouse locations in 40 countries. Founded in 1960 and headquartered in Diemen, the Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam. Learn more at www.randstad.com.      

SOURCE Randstad

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories from Big Data Journal
Cisco on Wedesday announced its intent to acquire privately held Metacloud. Based in Pasadena, Calif., Metacloud deploys and operates private clouds for global organizations with a unique OpenStack-as-a-Service model that delivers and remotely operates production-ready private clouds in a customer's data center. Metacloud's OpenStack-based cloud platform will accelerate Cisco's strategy to build the world's largest global Intercloud, a network of clouds, together with key partners to address cu...
I write and study often on the subject of digital transformation - the digital transformation of industries, markets, products, business models, etc. In brief, digital transformation is about the impact that collected and analyzed data can have when used to enhance business processes and workflows. If Amazon knows your preferences for particular books and films based upon captured data, then they can apply analytics to predict related books and films that you may like. This improves sales. T...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the “Internet of Things” (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, will discuss the real...
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is n...
When one expects instantaneous response from video generated on the internet, lots of invisible problems have to be overcome. In his session at 6th Big Data Expo®, Tom Paquin, EVP and Chief Technology Officer at OnLive, to discuss how to overcome these problems. A Silicon Valley veteran, Tom Paquin provides vision, expertise and leadership to the technology research and development effort at OnLive as EVP and Chief Technology Officer. With more than 20 years of management experience at lead...
BlueData aims to “democratize Big Data” with its launch of EPIC Enterprise, which it calls “the industry’s first Big Data software to enable enterprises to create a self-service cloud experience on premise.” This self-service private cloud allows enterprises to create 100-node Hadoop and Spark clusters in less than 10 minutes. The company is also offering a Community Edition via free download. We had a few questions for BlueData CEO Kumar Sreekanti about all this, and here's what he had to s...
Labor market analytics firm Wanted Analytics recently assessed the market for technology professionals and found that demand for people with proficient levels of Hadoop expertise had skyrocketed by around 33% since last year – it is true, Hadoop is hard technology to master and the labor market is not exactly flooded with an over-abundance of skilled practitioners. Hadoop has been called a foundational technology, rather than ‘just’ a database by some commentators – this almost pushes it towards...
The cloud provides an easy onramp to building and deploying Big Data solutions. Transitioning from initial deployment to large-scale, highly performant operations may not be as easy. In his session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, will discuss the benefits, weaknesses, and performance characteristics of public and bare metal cloud deployments that can help you make the right decisions.
Where historically app development would require developers to manage device functionality, application environment and application logic, today new platforms are emerging that are IoT focused and arm developers with cloud based connectivity and communications, development, monitoring, management and analytics tools. In her session at Internet of @ThingsExpo, Seema Jethani, Director of Product Management at Basho Technologies, will explore how to rapidly prototype using IoT cloud platforms and c...
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? Ion Stoica is co-founder and CEO of Databricks, a company working to revolutionize Big Data analysis through the Apache Spark platform. He also serves as a professor of computer science at the University of California, Berkeley. Ion previously co-founded Conviva to commercial...