I found this article about the IT jobs market from the Wall Street Journal revealing:
Employers across all industries in the U.S. shed 18,000 core information-technology jobs last month, amid broader employment gains for all occupations, CompTIA reports.
The declines, which followed gains a month earlier, left total employment for core IT jobs in 2018 just below 5.2 million, up from roughly 5 million a year ago, the IT trade group said.
All told, there were six months of IT employment gains and six months of losses last year. The results are based on an analysis of the latest Labor Department jobs data, released Friday.
“Looking at the bigger picture, we expect a continuation of a tight labor market for tech talent through 2019,†Tim Herbert, the group’s senior vice president for research and market intelligence, said in a research note.
Software and application developers remained the most sought-after tech workers, followed by computer user support specialists and computer systems engineers and architects, Comptia’s analysis showed.
For all occupations, U.S. employers last month added a seasonally adjusted 312,000 new jobs, the fastest pace since February, while the unemployment rate inched up to 3.9%, from 3.7%, as more workers entered the workforce.
To this I would add that based on the present statistics about half of all new IT jobs will go to workers from overseas. About 2 million young people receive newly-minted undergraduate degrees annually. A total of 5 million jobs across the entire economy, increasing at 200,000 per year, isn’t an enormous number. Don’t expect STEM (other than biomed) to be the key to a bright future.
