Tech Pros Unconvinced I.T. Boom Will LastBy Deborah Rothberg | Posted 2006-12-08 Email Print
Most I.T. professionals do not have confidence in the current I.T. boom and believe it will end soon, according a new report on the state of the technology job market.
Most I.T. professionals believe that the current I.T. boom has little juice left, according to a monthly report on the state of the tech job market published Dec. 4 by New York-based Dice, an I.T. careers site.
Sixty-two percent of respondents said they don't have confidence that the current I.T. boom would last much longer. Thirty-two percent thought it would last a little longer, or at least as long as the economy remains strong.
Seventeen percent feel that the boom is almost over and that there is no chance we'll see another spurt like that of the late 1990s, and 13 percent said it is already over, as "when the buyouts begin, the end is near."
A full 38 percent of I.T. professionals feel that the current boom would definitely last a while longer.
According to the report, the major U.S. technology markets showed continued gains in job availabilities, with the New York and New Jersey region showing a 23 percent jump since January 2006 and Silicon Valley posting up 26 percent in the same period.
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