Dave Willmer, the executive director of Robert Half Technology, discusses finding a job in a deep recession.
How is IT holding up in the downturn? Companies are downsizing, but IT has been more resilient than other areas. In fact, the unemployment rates for many positions within IT are significantly lower than the national average. For example, according to the U.S. Bureau of Labor Statistics, the unemployment rate for computer software engineers for Q1 is 4.2%, or half the national average of 8.4% for the same period.
Our company also publishes on a quarterly basis the Robert Half Technology IT Hiring Index and Skills Report, and 8% of CIOs polled said they plan to expand their IT departments in the second quarter of 2009; 6% expect staff cutbacks. The majority of respondents, 83%, plan to maintain current staffing levels. Those companies that plan to hire cited reasons such as the increased need for customer/end-user support, rising workloads, corporate growth or expansion, and systems upgrades. CIOs planning to reduce staff said the primary reasons are reduced IT budgets, postponed IT projects and companywide layoffs.
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