Take a look at Information Technology job growth in this article. Also, get an overview of how the job market is swaying in this field. Let’s find out.
Introduction about The Information Technology Job Growth
Look at the details below about the growth of Information Technology jobs.
The biggest gainer in the field of Information Technology is the 1.7 million jobs added between 1997 and 2013. That is a huge increase by any standard. Numerous factors have contributed to this huge increase in IT jobs.
These include the creation of new start-ups, mergers, and acquisitions, the creation of new computers and other devices, and the creation of new software for these devices. Also, the creation of new internet technologies, business growth, growth in the healthcare industry, growth in the education industry among others.
The next big contributor to the growth in IT jobs is the creation of 1 million jobs by companies that are engaged mostly in providing services related to Information Technology. For example, companies that provide support to customers with regards to their IT systems.
It was hard to realize this number until the advent of cloud computing. Cloud computing has made it possible for companies to create IT support without having to invest in physical servers. Most of the time, customers do not know where their data is stored, but they still receive service. Cloud computing has created a lot of jobs in the field of information technology. companies that do not have their own IT support can now be supported by cloud computing firms.
There are still relatively more people employed in the manufacturing sector as compared to those who work in IT jobs. The same report reveals that there are about 15 million Americans who work as factory workers as compared to the 2.9 million working in IT jobs.
IT Jobs in the Future
The Bureau of Labor Statistics reports that the number of people working in IT jobs is expected to grow by about 15 percent in the coming decade. This is a huge growth in a field that has already created millions of jobs in the past decade.
According to one forecast, the Information Technology sector will create about 1 million new jobs over the next five years. That’s a huge number considering that this sector has already created about 1 million new jobs in the past five years.
Why are Information Technology Jobs Growing?
There are various reasons for this huge growth in information technology jobs. One of these reasons is the fast pace at which they need for information technology is growing in the United States. Most industries are using information technology to improve their business capabilities. Also, most industries are using information technology to improve their competitiveness.
Increased use of business analytics and cloud computing is also contributing to this growth. For example, the healthcare industry has greatly improved its services because of the use of healthcare analytics. The IT jobs in healthcare have also increased because of this use of healthcare analytics. Also, most businesses are outsourcing their IT needs to cloud computing companies that are creating more jobs in the field of Information Technology.
Another reason is that even though most businesses are outsourcing their IT needs, they are still creating thousands of new jobs. Many of these new jobs will still be in the United States because of the robust growth in the US economy. Cloud computing firms are also creating many jobs in the field of information technology. These firms are contributing greatly to the growth in IT jobs.
Lastly, there is a rise in cyber-attacks and the growing use of cybersecurity solutions that are increasing the need for IT professionals. It is therefore evident that this huge growth in information technology jobs will continue in the coming years.
