CIO's to Increase Hiring

CIO Update just came out with a summary of the hiring trend for the third quarter. The data was collected by Robert Half Technology. That was my old stomping ground years ago, albeit on the financial side, and their data is usually spot on for the most part. You can find the summary here.

In essence, it appears that CIO's are slowly looking to bring on more IT staff. This has not been a V-shaped recovery that a lot of people like to talk about. Instead, it appears more U-shaped if you ask me. And, it follows in-line with what we have been seeing. Since the first of the year, we have seen an increase in positions. But, one must remember where we were coming from, which was pretty much nil. Therefore, any increase is an increase no matter its size.

The trend is upward, and at this point that is all we can ask for. On average, a 6% increase in hiring in the technology field for the third quarter. At the end of the day, it is not time to dance in the street, but hopefully it brings more people out of the street and back into the employment market. Let's hope this trend continues.