NYC IT Job Market Recovering, Pace University Says
After weeks of mostly depressive government job reports, a report this morning that shows an increase in Manhattan IT jobs is a sight for sore eyes.
The Pace/Skillproof IT Index Report from Pace University and Skillproof, a technology firm specializing in job market research, found that Manhattan IT job postings rose slightly in the first quarter, from 41.7 to 42.2 on its scale, which goes from 0 to 160.
The index of IT job listings in Westchester County dropped by four points from 45 to 41, but the report suggests that the decline is slowing and the region may follow Manhattan's pattern by year's end.
The Pace/Skillproof IT Index is a composite index produced by Pace that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.
In Manhattan, of the 11 categories that comprise the index, seven had relatively strong growth, while four declined. Of the categories showing growth, the strongest was computer programmers, up by 2 points from 17.9 to 19.9. Of the four declining categories, software engineers applications decreased by 1.5 points from 18.5 to 17. In Westchester, computer support specialists had the healthiest increase, followed by IT managers and database administrators.
The IT Index was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University's Dyson College of Arts and Sciences. It is based on labor market data showing actual, listed openings that is provided by Henning Seip of Skillproof. The index is produced under the auspices of Pace's Seidenberg School of Computer Science and Information Systems.
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