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IT Workers Confident in the Economy, Job Market, Yet Concerned in Personal Ability to Find Jobs



  IT Workers Confident in the Economy, Job Market, Yet Concerned in Personal
                             Ability to Find Jobs

PR Newswire

BOSTON, Feb. 19, 2013

BOSTON, Feb. 19, 2013 /PRNewswire/ -- The IT Employee Confidence Index, a
measure of overall confidence among U.S. technology workers, declined slightly
by 1.0 point to 55.8 in the fourth quarter of 2012. Despite the small dip in
the IT index, the overall level of confidence among IT workers remains high
and reflects the strength of the sector as we enter 2013. Most measures of the
index reflect little change, with the exception of workers' confidence in
their ability to find a new job—which significantly declined this quarter.
This online survey, conducted in October, November and December of 2012 by
Harris Interactive on behalf of Randstad Technologies, included 275 U.S.
employees in the technology industry.

"Technology workers remain one of the most confident when it comes to job
availability, the future strength of the economy and their current employer,"
said Bob Dickey, EVP of Technologies at Randstad U.S. "For instance, we are
seeing great demand for emerging technologies within the third platform, which
includes cloud computing, social technologies, big data analytics and
mobility. These positions require niche skills and cutting-edge technology
experience. Another high-growth area that we are seeing within the technology
industry is software developers, especially candidates proficient in the main
programming languages, such as Java and .Net. The occupation has produced the
most jobs post-recession, adding 70,872 jobs since 2010. The Bureau of Labor
Statistics expects a 30 percent increase in the number of software developers
by 2020. However, we did find declining confidence in their ability to find a
new job, which may reflect the growing competitiveness within the technology
sector. Even amid a shortage of IT workers to fill available jobs, employers
are seeking a unique combination of soft and hard skills and experience in
particularly high-demand industries."

Q4, 2012 Survey Highlights:

IT Worker Confidence in the Economy Rises Slightly

  o Technology professionals' confidence in the overall economy rose slightly
    by one percentage point this quarter, with 34 percent believing the
    economy is getting stronger. At the same time, a similar percentage (35
    percent), say the economy is getting weaker.

Nearly Three-in-Ten IT Workers Believe More Jobs are Available this Quarter

  o Nearly three-in-ten (29 percent) IT workers say more jobs are available
    this quarter, compared to 27 percent in third quarter 2012. Less than half
    (46 percent) of respondents believe that fewer jobs are now available.

Tech Workers Less Optimistic About their Employability

  o Dropping 11 percentage points this quarter, 44 percent of IT workers
    reported feeling confident in their ability to find a new job compared to
    55 percent the previous quarter.

IT Workers Still Highly Confident in their Own Job Security

  o The majority (74 percent) of IT workers report it is not likely they will
    lose their job in the next 12 months, representing a five percentage point
    increase from last quarter. A mere 12 percent indicate it will be likely
    they will lose their job within the next 12 months.

One Out of Three IT Workers Likely to Job Hunt

  o A third of technology workers (33 percent) are likely to look for a new
    job in the next year versus 34 percent who were likely in the previous
    quarter.

To view the latest quarterly trends report, click here.   

Survey Methodology
This survey was conducted online within the United States by Harris
Interactive on behalf of Randstad Technologies from October 8-10, November
12-14, and December 11-13, 2012, among 4,738 adults ages 18 and older, of
which 275 are employed in IT. This online survey is not based on a probability
sample and therefore no estimate of theoretical sampling error can be
calculated. For complete survey methodology, including weighting variables,
please contact Lesly.cardec@randstadusa.com.

About Randstad Technologies
Randstad Technologies has been connecting top companies around the globe with
the expert technology talent and solutions that drives their success since
1984. Our deep industry expertise and full-service capabilities—Recruitment,
Consulting, Projects, and Outsourcing—enable organizations to be agile,
productive and ahead in the field with their wide network of specialists and
flexible solutions. For more information, visit www.randstadtechnologies.com.

About Randstad
Randstad is a $22.5 billion global provider of HR services and the second
largest staffing organization in the world. From temporary staffing to
permanent placement to inhouse, professionals, search & selection, and HR
Solutions, Randstad holds top positions around the world and has approximately
28,700 corporate employees working from its nearly 4,700 branches and inhouse
locations in 40 countries. Founded in 1960 and headquartered in Diemen, the
Netherlands, Randstad Holding nv is listed on the NYSE Euronext Amsterdam.
Learn more at www.randstad.com.      

SOURCE Randstad

Website: http://www.randstad.com
Contact: Rebecca Holton, +1-404-870-6834, rebecca.holton@mslgroup.com; or
Lesly Cardec, +1-954-308-6302, lesly.cardec@randstadusa.com
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