Summary of IT Job Market December 2021
To cover shortfall of IT skills for blockchain and security development CIOs and CTOs are hiring consultants and contractors
The latest Bureau of Labor Statistics data reveals that over the last 12 months, 155,300 IT jobs were added, as CIOs, CTOs, and hiring managers to accelerate development in blockchain and security applications.
According to the BLS data, October and November IT jobs numbers were increased by 2,800 and 5,000 respectively. At the same time, the number of jobs reported as gained in December was 11,000. At the same time, C-level executives are going back to try and increase salary budgets to adjust for the higher salaries they have to offer new employees and raises they have to provide existing staff to minimize attrition rates.
Note: At the end of this article we provide a forecast of the size of the IT Job Market and median salaries for IT Pros for 2022
CIOs will increase headcounts and FTEs
Based on recent interviews of 100 plus CIOs and CTOs over the last two weeks, we found they have become more aggressive in their recruiting for blockchain and security initiatives. While more than two-thirds of individuals interviewed say their aging, legacy infrastructure is making it difficult to implement new technologies, staff, and skill levels simply aren’t available to do so.
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