MCP = Job Security?

With a recession, we can't say that IT workers shouldn't be worried. Anyone of us probably knows at least one IT person (and some of you can claim to know more than that) who's has lost a job.

Recent Bureau of Labor data says that unemployment is hovering around 9.5 percent and expected to hit 10 percent by the end of this year. And even though IT hiring is being called "sluggish" by some jobs analysts, the BLS shows a tiny uptick in IT hiring in July.

Looking at our own survey of MCPs, we know that 5.7 percent have become unemployed. Of those, 34.5 percent were able to find work elsewhere, while 7.3 percent were rehired within six months. Fifty-eight percent said they were still out of work as of the survey.

The MCPmag.com Salary Survey, which will be published in late October, was performed on a sampling of print and online subscribers to Redmond, Redmond Channel Partner, and Redmond Developer News, from May to June this year, with 1,729 valid responses.

Among 1,140 Redmond print readers from a survey conducted a month later, the results are better -- only 4.5 percent said they were out of work within the last 12 months. Of those, 25 percent found work and 4.8 were rehired by the same firm. Nearly 70 percent were still jobless when the survey was conducted in mid July.

Redmond's 14th Salary Survey will appear in the October issue.

Posted by Michael Domingo on 08/20/2009 at 11:59 AM