Communications of the ACM
It Job Market Improving, Gradually
Sparked by the Obama Administration's interest in healthcare and cyber-security, the long-term employment trend appears to favor robust growth in the IT market. Federal, state, and local governments are all expected to increase spending on technology over the next five years, creating jobs across a wide range of industries and government agencies, according to a series of new reports. Over the short-term, however, the hiring outlook is not as robust. Although a small number of corporate chief information officers expect to be hiring this quarter, many are still cautious as they deal with flat or falling IT budgets and the need to cut costs.
As a result of new initiatives by the Obama Administration, the Federal government is expected to boost spending on IT to $90.3 billion, up 3.5% by 2014. State and local governments, meanwhile, are expected to boost spending by 3.9% to $60.1 billion by 2014. Chief areas of interest for the federal government are healthcare, cyber-security, energy and government transparency, according to Input, a Virginia-based consultancy. Cloud computing initiatives in particular stand to grow as U.S. government agencies are forging ahead with plans to adopt cloud services or build their own. States too are interested in healthcare, but are also looking at technology for education, public safety, social services and transportation.
From Information Week
View Full ArticleNo entries found