According to the U.S. Department of Labor, there is virtually no unemployment present in the key sector of information technology services personnel. This has been the situation for three quarters in a row and at this point, there are no indications that it will change at any point in the near future.
Even though the number of IT security analysts and other related IT support professionals is growing at a steady rate, the fact is that demand for these kinds of specialists is growing as well, and at an even faster rate. In fact, Labor Department statistics indicate that in the last six months alone, the IT security workforce grew by more than 25%, but unemployment remained at virtually 0% because available jobs in the sector simply absorbed the additional workers coming into the field.
Implications for Small and Medium-Sized Enterprises
The implications of this situation for businesses are significant. While very large corporate entities may have the resources on hand to initiate and perhaps win a bidding war for the available talent, this option is rarely open to small and medium-sized enterprises.
Their best solution in such an employment climate may well be to organize IT workflow as project work that can be outsourced to a reliable IT consulting firm. Such firms already possess a roster of specialists in a wide variety of disciplines related to information technology, including such areas as virtualization, data center design, security, and creating and maintaining cloud-based computing environments.