March 2011 – As predicted in January, more labor demand for IT specialists is returning to Connecticut. In February, employers in the state posted 14.1% more opportunities than in January. If the trend continues the IT job market will reach 1000 job openings in March which would be the first time since August 2008. All industry sectors improved. Most notable was the increased demand from Financial Services, HiTech and IT Services.
All neighboring IT labor markets improved in February. In Massachusetts we counted a daily average of 4,860 opportunities (up 5.4%) and in the New York Metro area 9,550 opportunities (up 10.3%). These are great improvements over the previous months which should lead to some substantial hiring. The national average of IT job openings increased 5.3% in February. Hands-on technology occupations are the ones employers are currently looking for in Connecticut. Demand improved for Software Development (up 23.5%) and Systems Engineering /Support (up 21.4%).
Click here for a range of data and articles on the economic outlook for Connecticut and the New England region, prepared by the U.S. Bureau of Labor Statistics.