Economic Development Futures Journal

Thursday, September 16, 2004

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IT Sector Job Outlook

The number of U.S. IT jobs increased by just 2% between the first quarter of 2003 and the first quarter of 2004, and demand for IT workers is expected to slow during the rest of the year, according to a survey by the Information Technology Association of America (ITAA).

The overall size of the US IT workforce grew from about 10.3 million to 10.5 million jobs from 2003 to 2004, according to an ITAA survey of 500 hiring managers from both IT and non-IT companies across the US.

But hiring managers indicated they will seek to fill a total of 230,000 jobs in 2004, down from a total of about 500,000 IT jobs filled in the past year. The net increase of about 200,000 jobs in the past year takes into account about 300,000 layoffs.

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