A recent survey by Consulting's Information Technology Hiring Index of CIO indicates a 21% growth in IT hiring in Q2 2001. "The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees". With all the gloom about the economy this is a breath of Fresh Air.

Press Release
March 30, 2001, 07:55 AM

Technology Hiring Remains Solid in Second Quarter

MENLO PARK, Calif., March 30 /PRNewswire/ -- Chief information officers (CIOs) forecast a net 21 percent increase in the hiring of information technology (IT) professionals in the second quarter of 2001, according to RHI Consulting's Information Technology Hiring Index. Twenty-four percent of executives surveyed said their firms plan to add IT personnel in the upcoming quarter, while 3 percent expect reductions. Seventy-three percent of CIOs foresee no change in staff levels. The net 21 percent increase in staffing activity is unchanged from the previous two quarters.

The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees. It was conducted by an independent research firm and developed by RHI Consulting, a leading consulting services firm that provides information technology professionals on a project and full-time basis.

"The need for experienced IT talent continues -- despite recent shifts in the economy -- as firms continue to invest in technology," said Katherine Spencer Lee, executive director of RHI Consulting. "New information systems are being implemented and upgraded in an effort to reduce expenditures and gain competitive advantage over the long term."

"Firms are actively seeking network architects and application engineers to assist in systems upgrades and enterprise application implementations," Lee said.

Regional Outlook
CIOs in the Pacific(1) states anticipate the most active hiring in the next three months, according to the survey. Forty percent of executives expect to add IT personnel and just 2 percent foresee staff reductions. The 38 percent net hiring increase is up 12 percentage points from the region's first-quarter forecast. "While conditions in the area's competitive IT labor market have eased slightly due to recent dot-com closures, skilled candidates are being quickly reabsorbed into the workforce. Demand is particularly strong for individuals skilled in Java, XML and Active Server Page development, as well as those specializing in network security," Lee said.

Technology executives in the Mid-Atlantic(2) and Mountain(3) states are also optimistic about staffing plans for the upcoming quarter. A 24 percent net increase in hiring activity is forecast in both regions. Employment projections are also forecast above the national average in the West North Central(4) region, where CIOs anticipate a net 22 percent increase in hiring.

Industries Hiring
CIOs in the business services sector foresee notable employment gains in the second quarter. Forty-three percent of technology executives plan to add personnel and 1 percent expect reductions, for a net hiring increase of 42 percent. Technology staffing is also expected to exceed the national average in the finance, insurance and real estate industries, where CIOs forecast a net 29 percent increase in hiring activity, and in the construction sector, where executives predict a net 28 percent rise.

(Charts on accompanying pages provide more detailed information on national hiring levels.)

With more than 100 locations in North America, Europe and Australia, RHI Consulting is a leading provider of technology professionals on a project- and full-time basis, for IT initiatives ranging from e-business development and multiplatform systems integration to network engineering and technical support. For more information about RHI Consulting or to learn about online job search opportunities, please visit www.rhic.com.

(1) Alaska, California, Hawaii, Oregon, Washington (2) New Jersey, New York, Pennsylvania (3) Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah, Wyoming (4) Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska, South Dakota

RHI Consulting
Information Technology Hiring Index 2nd Quarter 2001

Information Technology Hiring: By Industry

Percentage... Increase Decrease No Change Don't Know Total

All Industries 24 3 73 0 100
Manufacturing 16 4 79 1 100 Prof. Services 22 1 77 0 100 Retail 32 4 64 0 100 Wholesale 31 3 66 0 100 Fin., Ins. & R. Estate 36 7 57 0 100 Bus. Services 43 1 56 0 100 Transportation 12 1 86 1 100 Construction 33 5 60 2 100

Information Technology Hiring: By Region

Percentage... Increase Decrease No Change Don't Know Total

United States 24 3 73 0 100
New England 21 3 75 1 100 Mid-Atlantic 29 5 66 0 100 South Atlantic 19 3 76 2 100 East N. Central 15 0 84 1 100 West N. Central 23 1 76 0 100 East S. Central 24 7 68 1 100 West S. Central 16 1 83 0 100 Mountain 27 3 69 1 100

New England: CT, ME, MA, NH, RI, VT; Mid-Atlantic: NJ, NY, PA; South Atlantic: DE, GA, FL, MD, NC, SC, VA, DC, WV; East North Central: IL, IN, MI, OH, WI; West North Central: IA, KS, MN, MO, ND, SD; East South Central: AL, KY, MS, TN; West South Central: AR, LA, OK, TX; Mountain: AZ, CO, ID, MT, NE, NV, NM, WY, UT; Pacific: AK, CA, HI, OR, WA