Wednesday, July 23, 2008

Demand for Tech Workers Holds Strong Despite Slight Dip in Overall IT Worker Confidence

The IT Employee Confidence Index, a measure of overall confidence among U.S. information technology workers, dropped 1.5 points to 45.9 in the second quarter of 2008, reaching its lowest level since measurement began in 2005, according to a recent survey commissioned by Technisource, the technology placement division of Spherion Corporation.

The survey, conducted by Harris Interactive, indicates that overall confidence levels among IT workers surveyed declined slightly in the second quarter as a result of workers’ increased uncertainty in the job market and in their personal employment situation. Despite workers’ doubts, 42 percent of technology workers say they are likely to look for a new job in the next year.

Results from the IT Employment Report include:

--More than two-thirds (70 percent) of technology workers believe the economy is getting weaker, up one percentage point from the first quarter of 2008.

--Forty-two percent of technology workers are likely to look for a new job in the next year, compared to 39 percent from the previous quarter.

--More than half of technology workers (59 percent) believe that fewer jobs are available, an increase of four percentage points from the first quarter of 2008.

More information on the IT industry can be found at www.supportindustry.com

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