A new report from the Conference Board provides more evidence that 2015 is a candidate's marketplace for tech jobs. The study found that for every unemployed person in the "tech and mathematics" field, there existed five vacancies. This means more firms are competing for the same qualified applicants who are currently searching for work. Between February 2014 and February 2015, the number of openings in tech positions grew by 12 percent, demonstrating expansion and a growing need for capable professionals to fill positions.
One finding that works in the industry's favor is the continued proliferation of high wages for tech staffers.
"It is worth noting that the average hourly wage reported by The Conference Board for computer and mathematical science was $39.43 – higher than every other occupation group except management and law," explains Stuart Anderson, a globalization, business and technology contributor to Forbes. "That shows computer skills are highly valued, regardless of how the average skill or experience level of the computer workforce may have changed."
Anderson and others describe an industry that is both growing and shifting as technologies give rise to new practices and concerns. On this blog, we've discussed the challenges firms in the industry face as they court talent from a relatively small pool of applicants. The contrast between available jobs and available employees reiterates the notion that top-notch candidates wield a great deal of power in the hiring process for IS and IT jobs.
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