Most IT professionals do not have confidence in the current IT boom and believe it will end soon, according a new report on the state of the technology job market.Most IT professionals believe that the current IT boom has little juice left, according to a monthly report on the state of the tech job market published Dec. 4 by New York-based Dice, an IT careers site.
Sixty-two percent of respondents said they dont have confidence that the current IT boom would last much longer. Thirty-two percent thought it would last a little longer, or at least as long as the economy remains strong.
Seventeen percent feel that the boom is almost over and that there is no chance well see another spurt like that of the late 1990s, and 13 percent said it is already over, as "when the buyouts begin, the end is near."
A full 38 percent of IT professionals feel that the current boom would definitely last a while longer.
According to the report, the major U.S. technology markets showed continued gains in job availabilities, with the New York and New Jersey region showing a 23 percent jump since January 2006 and Silicon Valley posting up 26 percent in the same period.
Washington, D.C. and its surrounding areas came in second in number of job availabilities, behind New York and New Jersey in the first slot and ahead of Silicon Valley in the third.
Since the beginning of 2006, demand for Linux skills in job postings has grown 51 percent, requests for .Net experience has jumped 41 percent and SQL experience increased by 36 percent through November 2006.
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