A Technology Boom or Bust? Worldwide IT Recruiting Firm, CyberCoders, Reveals New Data on the Latest Tech Hiring Boom

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CyberCoders Data Determines If the Recent Spike in Tech Jobs Can Maintain or Whether the Bust of 2001 Is Destined to Repeat

IRVINE, Calif.--(BUSINESS WIRE)-- CyberCoders, the leading worldwide recruiting firm which utilizes technology and exceptional recruiters to match companies and people to find the optimum career fit, announces new data on the 2011 technology hiring boom. CyberCoders evaluated more than one million data points analyzing the technology hiring trends of the late 1990s and early 2000 to determine whether the current tech job market is at risk for a dot-com bust similar to 2001. What the CyberCoders data shows is that the current job landscape for technology is diverse – revealing steady long-term growth patterns for those with skill sets in dynamic web development, mobile and application based technology.

Matt Miller, CyberCoders Chief Technology Officer, explains the steady boom of tech jobs. “Despite the economic difficulties of the last few years, we are seeing an increase in demand for technology jobs month over month.”

Tech Job Trends 2009-2011*

Month/Year       # of job postings
Dec-09       62,000
Feb-10       59,500
Apr-10       60,000
Jun-10       120,000
Aug-10       110,000
Oct-10       120,000
Dec-10       130,000
Feb-11       150,000
Apr-11       160,000
     

*Data includes approximate monthly technology jobs posted month over month

 

Miller goes on to explain, “There is a heavy demand for job candidates with experience using JavaScript, C#, and SQL, MySQL, and PHP. Developers are required to build rich dynamic web applications, and with the mobile and web industries moving faster than ever before, engineers are needed across a multitude of verticals. Companies must have a diverse tech team that can handle web, mobile and app development as companies grow. We are also seeing companies continue to pay high salaries for these difficult to fill positions.” Some of the highest rated tech skills include:

Top Tech Skills for 2011

Rank       Skills
1       JavaScript
2       Java
3       SQL
4       HTML
5       C#
6       CSS
7       MySQL
8       PHP
9       Linux
10       AJAX
     

The most common technology jobs available include:

Top Tech Jobs in Demand

Job Type     Salary Range    

Average Annual Salary

Product Manager     $75k – $115k     $106k
IT Manager     $70K - $105k     $94k
Systems Engineer     $67k - $94k     $87k
Database Administrator     $68k – $133k     $85k
Software Engineer     $64k – $110k     $82k
Mobile Developer     $65k – $112k     $81k
Quality Assurance Engineer     $58k - $86k     $80k
Network Engineer     $56k – $87k     $77k
Systems Administrator     $47k - $76k     $67k
Web Designer     $42k - $66k     $53k
       

Comparing the Bust of 2001

Heidi Golledge, CEO and Co-founder of CyberCoders says, “CyberCoders was active in the technology boom of the late nineties and we can see key differences in the hiring trends of today. There is a greater demand for candidates who have diverse skill sets than in the late nineties and 2000-2001. Typically the hiring demand ten years ago was fueled by the need to build websites backed by new venture funding – and a hope that a companies’ concept would be the next Google or Yahoo. Companies were hiring based on projected revenue. Start-ups now, typically have more experienced management, a sounder foundation and a much higher chance of success.”

In addition, hiring managers are more strategic when selecting a candidate. Hiring managers today opt for more strategic candidate selection – venturing away from the climate of over-hiring. Another change in today’s tech environment is the creation of social media jobs. Golledge of CyberCoders says, “Social Media and mobile apps have changed the business landscape permanently. No longer is there a perception that it is dot-com versus brick and mortar – every business needs web development and many are building incredible mobile and app-based technologies – proving that the hiring boom of 2011 will remain steady and consistent.”

About CyberCoders

Founded in 1999, CyberCoders recruits professionals for all types of jobs including engineering, technology, sales, executive, financial, accounting, scientific, legal and operational positions across all industries. With a team of more than 100 recruiters and thousands of job openings, CyberCoders is the worldwide leader in recruiting and staffing.

For more information on CyberCoders visit: www.CyberCoders.com

To apply for a job at CyberCoders: http://www.cybercoders.com/job-search/



CONTACT:

CyberCoders
Alia Henson
Director of Communications
949-333-5566
Alia.Henson@cybercoders.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Technology  Hardware  Internet  Networks  Software  Small Business  Professional Services  Human Resources

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