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New Skills Pay Better Than IT Certificates
Bangalore: IT certification may no longer assure extra pay in your tech field, in spite of the surge of job growth in the IT sector-- new skills are now more valued instead. Foote Partners, a consultancy that delivers in-depth reports regarding the IT labor market, released these quarterly findings based on its monitoring of more than 2,200 employers and around 120,000 jobs.
The market for tech jobs looks good though, since it is stronger than it has been. According to a report from Dice.com (the largest tech job board), the number of tech job-listings by employers in 2011 increased by 11 percent when compared to 2010. The rate of unemployment in the IT sector has also fallen from 5.3 percent in 2010 to 3.7 percent in 2011 according to Bureau of Labor Statistics’ year-end report. The overall unemployment rate for the whole economy, in comparison, was 8.5 percent in the US in the month of December.
However, what these statistics may fail to reveal, according to David Foote, CEO of Foote Partners, is the fact that the IT-job growth spurt cud be downplayed. IT opportunities, according to him, are emerging, but for “hybrid jobs”, which run across different departments. Since these jobs are scattered amongst various categories, finding them is a lot harder than when IT jobs were only found under the IT department.
