Press Release Archive
FORT LAUDERDALE, Fla., April 27, 2010 — The IT Employee Confidence Index increased 0.8 points to 51.6 in the first quarter of 2010, according to a recent survey commissioned by Technisource®, the technology placement division of SFN Group, Inc. (NYSE:SFN). The survey, conducted by Harris Interactive®, reveals that more technology workers are confident in the strength of the economy and in their ability to find a new job. At the same time, fewer workers indicated that they are likely to look for a new job in the next 12 months.
Results from the IT Employment Report:
- Thirty-two percent of technology workers believe the economy is getting stronger (compared to 29 percent in the fourth quarter).
- The percentage of IT workers confident in their ability to find a new job increased by two percentage points to 41 percent in the first quarter of 2010.
- Thirty-two percent of workers are likely to search for job opportunities in the next 12 months, decreasing six percentage points from the fourth quarter of 2010.
“I would describe the slight rise in our Index as IT workers being cautiously optimistic,” said Michael Winwood, president of Technisource. “That same sentiment is being felt by employers. This improvement can possibly be contributed to the overall health of the economy seemingly getting better, employers making selective IT hires, as well as IT organizations moving forward with projects previously put on hold. Undoubtedly, CIO’s and IT decision makers are starting to see increased signs of stabilization within their own business. We are seeing technology investments being made within the telecommunication, finance, and healthcare industries, which is certainly a positive sign. To that end, companies are hiring more strategically than in the past and re-evaluating their workforce make-up to one of a greater mix of contingent versus permanent staff — ultimately one that is less vulnerable to the shifting economic winds.”
|Q1 2010 Employment Report Results: Information Technology||IT Workers||U.S. Workers|
|Q4 2009||Q1 2010||% Point Change||Q4 2009||Q1 2010||% Point Change|
|Job Availability||More Jobs||11%||11%||0||8%||9%||+1|
|Ability to Find New Job||Confident||39%||41%||+2||38%||37%||-1|
|Future of Current Employer||Confident||66%||63%||-3||65%||62%||-3|
|Likelihood to Lose Job||Likely||14%||13%||-1||15%||16%||+1|
|Look for New Job||Likely||38%||32%||-6||35%||34%||-1|
Technisource, one of the largest technology services providers in North America, delivers a wide range of staffing, management services and technology solutions. With nearly 40 years of experience, Technisource provides services to a broad range of clients to maximize their technology investments. Focused on quality, flexibility and value, the company’s service offerings range from IT staffing, deployment and support services to software quality management, strategic projects and outsourcing.