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Stronger IT Budget Expectations Fuel Emerging Pockets of Optimism in IT Job Market
added: 2010-07-30

Almost half (48 percent) of IT decision makers in the public and private sector anticipate increased IT budgets in the next six months, up 10 percentage points from this time last year.


Thirty-seven percent of IT decision makers at large companies anticipate hiring additional IT staff in the second half of 2010—up eleven percentage points from June 2009.

Twenty-nine percent of IT decision makers in the federal government sector expect to hire additional IT staff—up nine percentage points since April 2010.

Despite fears in some circles of a potential “double-dip” recession, many IT decision makers appear optimistic about IT hiring heading into the second half of the year. CDW’s IT Monitor, which has been tracking IT sentiment since the beginning of the recession, reveals stronger IT budget expectations over the next six months and a renewed confidence in the IT job market for the first time in 2010.

According to the latest CDW IT Monitor, almost half (48 percent) of IT decision makers in the private and public sectors anticipate increased IT budgets in the next six months, up 10 percentage points from this time last year. Along with increased optimism regarding IT budgets, IT hiring expectations are also on the rise—37 percent of IT decision makers at large companies anticipate hiring additional IT staff in the second half of 2010, up eleven percentage points since June 2009. Similarly, 29 percent of IT decision makers in the federal government sector expect to hire additional IT staff, up nine percentage points since April 2010.

“Despite recent economic volatility, many IT decision makers have remained cautiously optimistic about budgets and anticipated IT investment,” said Thomas E. Richards, president and COO of CDW. “As we head into the second half of the year, that optimism is beginning to extend to IT hiring expectations in some sectors. While this positive IT job outlook is still emerging and hasn’t yet translated across all sectors of the IT marketplace, it remains an encouraging indicator of future growth.”


Source: Business Wire

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