• Industry News

    Strength of U.S. economy creates IT job growth

    The IT field has been one of the main beneficiaries of the U.S. economy's recent surge.

    While many global markets, including Russia and Japan, have faced steep declines as the price of crude oil gradually falls, the U.S. economy has remained steadfast. American companies have thrived in the past few months in light of healthy consumer confidence, an active investment community and strong industrial output. Meanwhile, the vast majority of economists and analysts project the economy to sustain its recent success over the course of 2015.

    The strong economic condition in the U.S. has created a wide range of employment opportunities for job seekers of many different sectors. The IT industry has been one of the main beneficiaries of this economic surge, which has led to the establishment of many high tech startups and supportive legislation.

    Immigration bill aims to lure tech workers
    Six U.S. senators have released an immigration bill that vies to increase the number of high-tech visas and green cards for immigrants, The National Review reported.

    "Our bill is a commonsense, bipartisan approach to help ensure that those who have come here to be educated in high-tech fields are able to stay with their families and contribute to the economy and our society," said Senate Finance Committee chairman Orrin Hatch (R-Utah), according to the publication. "I'm calling on everyone – the president, members of both parties, and stakeholders in the tech community – to support this bill and help make it the first step toward real immigration reform."

    In his role as the committee's chairman, Hatch regularly engages with tech industry leaders from companies such as Microsoft and Apple, the publication noted. The bill was co-sponsored by Senators Marco Rubio (R-Florida), Amy Klobuchar (D-Minnesota), Chris Coons (D-Delaware) and Richard Blumenthal (D-Connecticut).

    The publication also reported that three of every four Americans with a STEM degree do not have a job in this field.

    IT Job growth in New Hampshire
    According to Foster's Daily Democrat, the New Hampshire Regional Planning Commissions Project Employment Growth, 2012-22, an intrastate report, projects the Rockingham region of New Hampshire to experience job growth of 14.7 percent during that time frame.

    The high tech industry will play a key role in the employment upswing. Jennifer Gray, CEO of Market Street Talent in Portsmouth, New Hampshire, said that there are a number of available IT jobs related to application development, network infrastructure, technical training and support and web development and design.

    "IT is very cyclical and we're definitely in an upswing," Gray told the news outlet.