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WDI 2013 Where the Jobs Are: IT Businesses and IT-Dependent Employers Friday February 1, 2013 PowerPoint Presentation
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WDI 2013 Where the Jobs Are: IT Businesses and IT-Dependent Employers Friday February 1, 2013. A National Talent Strategy. Ideas For Securing U.S. Competitiveness and Economic Growth. 122K. Additional computing jobs EACH YEAR requiring a bachelor’s degree between 2010 and 2020 – . 40K.

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slide1

WDI 2013

Where the Jobs Are:

IT Businesses and IT-Dependent Employers

Friday

February 1, 2013

a national talent strategy
A National TalentStrategy

Ideas For Securing U.S. Competitiveness and Economic Growth

slide7

122K

Additional computing jobs EACH YEAR requiring a bachelor’s degree between 2010 and 2020 –

40K

Annual bachelor’s degrees in computer science –

slide8

8%

Only 8% of US college freshmen end up graduating with a STEM degree

where the stem jobs will be
Where the STEM Jobs Will Be

Degrees vs. Jobs Annually

250,000

Only 8% of US college freshmen end up graduating with a STEM degree

PhD Degrees

Master’s Degrees

Bachelor’s Degrees

Associates Degrees / Certifications

Annual Jobs 2010-2020

200,000

150,000

100,000

50,000

0

Architecture & Engineering

Physical Sciences

Computer Science & Mathematics

Life Sciences

Social Sciences

slide10

Where the STEM Jobs Will Be

Projected Annual Growth of Total STEM Job Openings 2010-2020

All Occupations 164M

All STEM Jobs 9.2M

Computing Jobs

4.6M

slide11

Where the U.S. Jobs Will Be

Top 10 Major Occupational Groups 2010-2020 and Average Salaries in May 2011

slide12

By 2018 2/3 of all new jobs created in the U.S. will require post-secondary credentials such as Technical certificate or community college or a four year degree.

New US jobs requiring post-secondary degree

introduction
Introduction
  • Mike McSally, VP Operations at Allegis Group
  • 22 years of experience in human capital management industry
  • TEKsystems is the leading IT staffing & services firm in North America
    • 700 IT consultants weekly
    • 5,500 customer sites
    • 81% of the domestic IT workforce
top 20 best jobs for fast growth
Top 20 Best Jobs for Fast Growth
  • Three of the top 10 and six of the top 20 are in IT
  • An associate’s degree in engineering or IT is worth as much or more than a bachelor’s in liberal arts or education
  • More than half of all humanities graduates end up in jobs that don’t require degrees

Sources: CNN Money, U.S. Census,

it population
IT Population
  • Great talent is always working
  • Q4 2012 IT Unemployment Rate: 3.3%1
  • Frictional Unemployment Accounts for 2%
    • There are 4 million IT professionals in the United States 1
    • Roughly 52,000 IT professionals are unemployed 1
  • But they’re willing to listen
  • And demand continues to grow
  • BLS estimates there will be 76,000 new IT jobs annually and 137,000 IT jobs needing filled every year (includes jobs left vacant) through 2020

U.S. population

304 M

U.S. workers

140 M

U.S. IT workers

4 M

73% of IT professionals are looking to move jobs 2

Unemployed IT workers

132,000

Fact is 52,000unemployed IT workers

  • US Bureau of Labor Statistics, 2012
  • Hays, 2011
hottest jobs in it
Hottest Jobs in IT
  • There are currently nearly half a million open IT jobs

Source: TEKsystems, 2012; CareerBuilder, 2012

it population industry
IT Population> Industry
  • 74% of the IT population works in industries outside the IT sector

Source: US Bureau of Labor Statistics, 2012; TEKsystems, 2012

it population education
IT Population> Education
  • On average, 10% or more of IT professionals have associates degrees
  • IT software and networking professionals are most likely to have bachelors degrees or higher
  • IT support professionals are more likely to have no advanced degree

Source: US Bureau of Labor Statistics, 2011

why focus on it strong and steady demand
Why Focus on IT? > Strong and Steady Demand
  • IT unemployment has been significantly lower than national unemployment for the last ten years
  • IT workers now comprise 2.9% of the working population

Source: US Bureau of Labor Statistics, 2012

it skills gap
IT Skills Gap
  • Multiple factors combine to create a growing IT skills gap
  • Strong demand
    • Baby boomer retirements: 45% of the working population or 1.8M IT workers 1
  • Low college IT enrollment 2
    • IT represents only 3.3% of students enrolled in higher education institutions
    • 2.4% of all bachelor’s and 3.8% of all associates degrees awarded are in IT
  • Insufficient training/preparation
  • 93% of employers indicate there is an IT skills gap 3
  • 84% of CIOs cite difficulties hiring skilled IT professionals 4
    • 80% say the IT skills gap affects at least one business area such as productivity, customer service or security 1
  • U.S. Bureau of Labor Statistics
  • National Science Foundation
  • Harvey Nash
  • Robert Half Technology
emotional intelligence
Emotional Intelligence
  • In a national survey of what employers are looking for in entry-level workers, specific technical skills are now less important than the underlying ability to learn on the job. After that, employers listed:
  • Listening and oral communication
  • Adaptability and creative responses to setbacks and obstacles
  • Group and interpersonal effectiveness, cooperativeness and teamwork, skills at negotiating disagreements
  • “Working with Emotional Intelligence” – Daniel Goleman
evolution of the it worker
Evolution of the IT Worker
  • Business-savvy IT workers have become critical to driving organizational growth and efficiency
conclusion
Conclusion
  • We continue to see strong IT demand coupled with few entrants and a large percentage of the workforce that is or will soon be eligible to retire
  • Salaries are higher compared to other occupations and 3 out of the 10 fastest growing jobs are in IT
  • Very few technologies go forward without soft skills
    • IT exists today to solve business challenges for HR, Sales, Marketing, Research & Development, Customer Service, Finance & Accounting, etc.
    • IT is now a human contact sport