270 likes | 438 Views
WDI 2013 Where the Jobs Are: IT Businesses and IT-Dependent Employers Friday February 1, 2013. A National Talent Strategy. Ideas For Securing U.S. Competitiveness and Economic Growth. 122K. Additional computing jobs EACH YEAR requiring a bachelor’s degree between 2010 and 2020 – . 40K.
E N D
WDI 2013 Where the Jobs Are: IT Businesses and IT-Dependent Employers Friday February 1, 2013
A National TalentStrategy Ideas For Securing U.S. Competitiveness and Economic Growth
122K Additional computing jobs EACH YEAR requiring a bachelor’s degree between 2010 and 2020 – 40K Annual bachelor’s degrees in computer science –
8% Only 8% of US college freshmen end up graduating with a STEM degree
Where the STEM Jobs Will Be Degrees vs. Jobs Annually 250,000 Only 8% of US college freshmen end up graduating with a STEM degree PhD Degrees Master’s Degrees Bachelor’s Degrees Associates Degrees / Certifications Annual Jobs 2010-2020 200,000 150,000 100,000 50,000 0 Architecture & Engineering Physical Sciences Computer Science & Mathematics Life Sciences Social Sciences
Where the STEM Jobs Will Be Projected Annual Growth of Total STEM Job Openings 2010-2020 All Occupations 164M All STEM Jobs 9.2M Computing Jobs 4.6M
Where the U.S. Jobs Will Be Top 10 Major Occupational Groups 2010-2020 and Average Salaries in May 2011
By 2018 2/3 of all new jobs created in the U.S. will require post-secondary credentials such as Technical certificate or community college or a four year degree. New US jobs requiring post-secondary degree
Let’s work togetherThank YouBill Kamela(202) 263 – 5926bkamela@microsoft.com
Where the jobs are: IT February 2013
Introduction • Mike McSally, VP Operations at Allegis Group • 22 years of experience in human capital management industry • TEKsystems is the leading IT staffing & services firm in North America • 700 IT consultants weekly • 5,500 customer sites • 81% of the domestic IT workforce
Top 20 Best Jobs for Fast Growth • Three of the top 10 and six of the top 20 are in IT • An associate’s degree in engineering or IT is worth as much or more than a bachelor’s in liberal arts or education • More than half of all humanities graduates end up in jobs that don’t require degrees Sources: CNN Money, U.S. Census,
IT Population • Great talent is always working • Q4 2012 IT Unemployment Rate: 3.3%1 • Frictional Unemployment Accounts for 2% • There are 4 million IT professionals in the United States 1 • Roughly 52,000 IT professionals are unemployed 1 • But they’re willing to listen • And demand continues to grow • BLS estimates there will be 76,000 new IT jobs annually and 137,000 IT jobs needing filled every year (includes jobs left vacant) through 2020 U.S. population 304 M U.S. workers 140 M U.S. IT workers 4 M 73% of IT professionals are looking to move jobs 2 Unemployed IT workers 132,000 Fact is 52,000unemployed IT workers • US Bureau of Labor Statistics, 2012 • Hays, 2011
Hottest Jobs in IT • There are currently nearly half a million open IT jobs Source: TEKsystems, 2012; CareerBuilder, 2012
IT Population> Industry • 74% of the IT population works in industries outside the IT sector Source: US Bureau of Labor Statistics, 2012; TEKsystems, 2012
IT Population> Education • On average, 10% or more of IT professionals have associates degrees • IT software and networking professionals are most likely to have bachelors degrees or higher • IT support professionals are more likely to have no advanced degree Source: US Bureau of Labor Statistics, 2011
Why Focus on IT? > Strong and Steady Demand • IT unemployment has been significantly lower than national unemployment for the last ten years • IT workers now comprise 2.9% of the working population Source: US Bureau of Labor Statistics, 2012
IT Skills Gap • Multiple factors combine to create a growing IT skills gap • Strong demand • Baby boomer retirements: 45% of the working population or 1.8M IT workers 1 • Low college IT enrollment 2 • IT represents only 3.3% of students enrolled in higher education institutions • 2.4% of all bachelor’s and 3.8% of all associates degrees awarded are in IT • Insufficient training/preparation • 93% of employers indicate there is an IT skills gap 3 • 84% of CIOs cite difficulties hiring skilled IT professionals 4 • 80% say the IT skills gap affects at least one business area such as productivity, customer service or security 1 • U.S. Bureau of Labor Statistics • National Science Foundation • Harvey Nash • Robert Half Technology
Emotional Intelligence • In a national survey of what employers are looking for in entry-level workers, specific technical skills are now less important than the underlying ability to learn on the job. After that, employers listed: • Listening and oral communication • Adaptability and creative responses to setbacks and obstacles • Group and interpersonal effectiveness, cooperativeness and teamwork, skills at negotiating disagreements • “Working with Emotional Intelligence” – Daniel Goleman
Evolution of the IT Worker • Business-savvy IT workers have become critical to driving organizational growth and efficiency
Conclusion • We continue to see strong IT demand coupled with few entrants and a large percentage of the workforce that is or will soon be eligible to retire • Salaries are higher compared to other occupations and 3 out of the 10 fastest growing jobs are in IT • Very few technologies go forward without soft skills • IT exists today to solve business challenges for HR, Sales, Marketing, Research & Development, Customer Service, Finance & Accounting, etc. • IT is now a human contact sport