This report examines employment prospects in the information technology sector, drawing on data from the U.S. Bureau of Labor Statistics Occupational Outlook Handbook. It explores projected job growth for IT occupations relative to other fields, acknowledges the moderating effects of the dot-com bust and offshore outsourcing, and identifies the specific technical and professional skills most sought by employers. The report concludes that while growth is slower than during the boom years, IT occupations will continue to outpace the average for all occupations, and professionals who cultivate the right mix of technical and soft skills will find strong career opportunities well into the next decade.
What is the future for employment in the IT sector? This report examines what IT technicians and aspiring technology professionals can expect from the high-tech job market. Information technology has been an expanding area of employment for two decades — but can that continue, even as IT investment shrinks? What this report finds is that demand for many IT skills will increase well into the next decade, although at a slower rate than previously. This projection should reassure current IT students, those considering IT careers, and experienced technologists with ambitions for career advancement.
This report is based on the latest figures from the Department of Labor's Bureau of Labor Statistics (BLS), the primary source of raw data about the U.S. employment picture. BLS Data Collection Centers gather data on employment, hours, and earnings from a sample of approximately 140,000 businesses and government agencies, covering around 410,000 individual worksites. Sample respondents extract the requested data from their payroll records, which are then collected by the BLS via telephone, computer-assisted interviews, fax, the internet, and mail.
According to the BLS, IT "growth is projected to be slower than it was during the previous decade, as the software industry matures and as routine work is increasingly outsourced abroad." Even so, the slowdown is relative: IT jobs "are projected to grow more than twice as fast as the average for all occupations."
The BLS publishes an Occupational Outlook Handbook, described as "the market standard in job projections" by Dr. Ray Panko, professor of IT management at the University of Hawaii's Shidler College of Business. The report covering 2006–2016 is particularly notable because it is the first BLS study that "fully reflects the dot-com bust and recovery, and takes IT offshoring into account," according to Panko. Even accounting for those factors, "the BLS again predicts robust job growth for IT occupations."
Employers at every level are seeking a combination of technical proficiency and professional competencies. The Society for Information Management (2007) identified the following as the top desired skills for technology workers:
Entry-Level Employees: Problem Solving; Ethics & Tolerance; Communication (Oral & Written); Collaboration and Teamwork; Business Analysis.
Mid-Level Hires: Ethics & Tolerance; Problem Solving; Project Leadership; Functional Area Knowledge; Decision-Making.
"Top skills sought at entry and mid-career levels"
"Right skills key to IT career success ahead"
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