Hiring of IT Pros slows as CFOs and CIOs become cautious says Janco
CFOs and CIOs gear for an economic slowdown Janco reports
Janco cuts its forecast of 2022 IT Job Market growth from 203K to 179K
Park City – UT – www.e-janco.com – Janco reports that September saw a noticeable slowing in the hiring of IT Pros. Only 3,500 new IT jobs were added to the IT job market in September along with a reduction of 17,800 of the jobs created (per BLS data) in the prior two months.
According to the latest BLS data, analyzed by Janco, there are now 3.96 million jobs for IT Professionals in the US. For 25 months in a row, there has been an increase in the number of jobs added to the IT job market. Janco sees this trend continuing but at a much slower pace.
Janco has reduced its September forecast for IT job market growth to 179,000 from 203,900 in its August forecast for CY 2022. That will be significantly less growth than in 2021 but still at record-high levels.
Keep reading with a 7-day free trial
Subscribe to CIO and IT Management Newsletter to keep reading this post and get 7 days of free access to the full post archives.