IT staffing consultancy Robert Half Technology, in its fourth-quarter IT Hiring Index, finds that 15 percent of Denver CIOs plan to make new hires this quarter, while only 2 percent plan to cut back, about average for the entire nation.
According to the Manpower's Employment Outlook Survey, which covers all industries, hiring in the fourth quarter will be "mild." From October to December, 23 percent of the companies interviewed plan to hire more employees, says Manpower spokesperson Sunny Ackerman.
Meanwhile, AeA's annual Cyberstates report found that Colorado as a whole was holding steady, though not leaping ahead in terms of technology industry development. It's no longer the state with the highest concentration of the workforce in tech (that honor now goes to Virginia). However, 8.6 percent of the workforce - 158,100 people - are involved in technology now. And they're well-paid, earning on average $80,200, or 0.93 percent more than the average private sector worker. In 2005, the most recent year for which full data is available, there were impressive gains in sectors such as R&D and testing labs (up 2,600 jobs), computer systems design and related services (up 2,200 jobs), and engineering services (up 1,500 jobs). A total of $622 million in venture capital arrived in the state last year, down a bit from 2005.
In the Denver area, overall employment is high, with June's unemployment rate of 3.9 percent far below last year's 4.6 percent. Fast-growing firms include Epic Broadband Solutions, Incentra Solutions and Webroot Software. (Incentra and Webroot are actually located up in Boulder, which boasts a famously amenable quality of life.)
Locals advise prospective job hunters to aim their searches not only at finance but also defense, energy and health care. Telecom, long a Denver staple, has been flagging in recent reports, but it's still an important component of the local economy. Denver may not be San Jose, but there seems to be plenty going on.
Comments on this article? Share your feedback on our discussion forum, Dice Discussions.
*Please note, you must be a registered job seeker in order to submit your question to Dice Discussions.
If you would like to be interviewed for the next Dice market report, please contact us at feedback@dice.com.
|