Last week CIO Insight reported that IT jobs had reached a record high (four million IT workers), and IT unemployment had fallen (2.3 percent). That’s phenomenal! See the link below.
http://www.cioinsight.com/c/a/Workplace/Computer-Jobs-Hit-Record-High/
Okay, great news, but why is IT spending down? While I have no hard facts, I have my theories. Bear with my madness while I explain. Post a comment if you don’t agree!
1. It’s summertime. IT spending falls when the temperature rises, and rises when it falls. November, December, and January are traditionally big months. June and July… Well, they are another story. 🙁 People are out and about, and they don’t want to worry about buying stuff. They’re too busy checking out the next vacation spot on the web. Yikes.
2. Gas prices. People bring their personal woes to work. Got trouble filling your tank? Then you won’t spend money at work either. What, you say? There’s no hard connection between the two. No, but there is an indirect one. If you’re worried about finances at home, you’ll worry at work as well.
3. Too many salaries. Or, perhaps spending is down because there are too many mouths to feed. That’s always a possibility, but I suspect it’s the other two reasons. We’ve had other times with low unemployment, and high spending.
–ray