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Union University Dept of Computer Science
Department of Computer Science

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From Jay Vegso: BLS Projects IT Workforce to Add a Million New Jobs between 2004 and 2014

"Every two years, [the] B[ureau of] L[abor] S[tatistics] releases workforce projections covering a 10-year period.[...] [The] BLS estimates that the professional-level IT workforce will grow at more than twice the rate of the overall workforce between 2004 and 2014, creating 1 in 19 new jobs. In addition, many of these jobs will pay well. [...] The professional IT workforce is projected to add a little over a million new jobs between 2004 and 2014, an increase of about 30 percent. In 2004, there were 3.4 million IT professionals out of a total workforce of 145.6 million. The total workforce is expected to add 18.9 million jobs between 2004 and 2014. Six of the 30 occupations that are projected to grow the fastest (i.e., percent gain) between 2004 and 2014 are in the IT profession. Among the 30 fastest-growing occupations, 17 have median salary earnings of $43,605 or above, including all six IT occupations. Two of the six IT occupations listed as the fastest growing also rank among the 30 that are projected to have the largest numeric growth. Only seven of these 30 have median salary earnings of $43,605 or more, including both IT occupations."

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