Press release
CS graduates in good position as tech hiring improves; InformationTechnologyCrossing finds 95,000 jobs.
Pasadena, CA, June 2, 2011 – New computer science graduates are in a good position because of strong demand for their skills from the tech industry.The unemployment rate in the tech industry is around 4 percent compared to average 9 percent unemployment rate in most other industries. The figures are from the Bureau of Labor Statistics. Moody’s Analytics is predicting that there will be around 138,000 technology jobs added between the fourth quarter of 2010 to 2011’s fourth quarter.
InformationTechnologyCrossing, a job aggregator site for the computer industry, has seen a sharp rise in the number of openings posted on employer sites. The site was able to track down 95,000 new jobs in the last seven days alone.
One of the reasons that the expanding tech industry is offering new graduates good salaries is that they are in short supply. There were around 60,000 graduates in computer-related fields in 2004. By 2008, the number had fallen to 38,000.
But the trend is slowly changing. This is the third straight year of increase in the number of computer science graduates. But the supply is still not enough, not just in Silicon Valley but even in states not known for a strong tech scene.
This has resulted in the average entry-level tech salary shooting up to $47,000. The salary for experienced professionals also went up to $79,000. Some of the skills that are in demand are Android developers, iOS app developers, and experts in cloud applications.
InformationTechnologyCrossing is part of the Employment Research Institute, one of the most powerful and comprehensive job search institutions dedicated to helping professionals find jobs that will enhance their careers. Employment Research Institute consists of 120+ industry-specific and 120+ location specific job boards which consolidate every job opening it can find in one convenient location. The website also offers a three-day free trial to new members.
Roger Croft
Address : 202 S. Lake Avenue, Unit 250
City/Town : Pasadena
State/Province : California
Zip : 91101
Country : United States
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