IT Management: IT Pros Modestly Optimistic About Employment, Business Conditions
The word "moderate," by definition, doesn't mean exciting. But when it comes to employment and other business data, slow but steady growth is good news for IT and other technology professionals. Despite concerns over the general economy, industry executives do expect tech employment to increase—albeit modestly. That cautious optimism is also apparent in the outlook for salaries, corporate revenue, capital spending, and research and development outlays. Two studies released in June look at employment and other economic indicators. IT Career site Dice polled IT recruiters and hiring managers from across different industries throughout the United States about employment, salaries and related issues. KPMG, an accounting, auditing and advisory firm, surveyed several C-level and senior executives in the technology industry about their companies' employment and other business indicators, including revenue, capital spending and R&D outlays. Here, eWEEK offers a look at the researchers' key findings to provide some perspective on the outlook for employment and industry health.
Modest Job Growth in the Cards
Although more than four in 10 executives at technology companies that KPMG polled said their firms' workforces have increased from this time last year—and about a third said employment has remained the same in this stretch—this year's forecast is for continued but mainly modest growth.