Increased Demands, Upward Trends in Metro IT Job Markets

Despite layoffs in the financial sector of the economy, most job markets for Information Technology (IT) specialists in Manhattan and Westchester County remained strong in the third quarter of 2007, according to the latest Pace/SkillPROOF IT Job Index (PSII). The composite index provides a snapshot of the two IT markets in separate reports, which Pace University released today

FOR IMMEDIATE RELEASE

Contact Bill Caldwell, Office of Public Information, Pace University, 212-346-1597, wcaldwell@pace.edu

NEW PACE U. REPORT ON METRO IT JOB MARKETS
SHOWS INCREASED DEMAND, UPWARD TRENDS
IN SEVERAL CATEGORIES

Computing school enrollment rises 43 percent

New York, NY — October 10, 2007 – Despite layoffs in the financial sector of the economy, most job markets for Information Technology (IT) specialists in Manhattan and Westchester County remained strong in the third quarter of 2007, according to the latest Pace/SkillPROOF IT Job Index (PSII). The composite index provides a snapshot of the two IT markets in separate reports, which Pace University released today.

The indexes are based on automated counts of actual corporate job postings, sorted into 11 standard IT job categories defined by the U.S. Bureau of Labor Statistics. The reports are available at www.pace.edu/PSII .

In Westchester, four of the 11 categories outperformed their previous quarters — Database Administrators; Network Systems and Data Communication Analysts; IT Managers; and Other Specialists.

In Manhattan, the trends rose in eight of the 11 IT categories — IT Managers; Computer Scientists, Research; Programmers; Software Engineers Systems; Computer Support Specialists; System Analysts; Database Administrators; and Other Specialists. In addition, the Network Administrators category showed a narrow upward trend.

Rising IT enrollment. “The good news about technology seems to be coming to the attention of young people, their families and their teachers,” said Susan M. Merritt, Ph.D., dean of Pace University’s Seidenberg School of Computer Science and Information Systems. “The number of full-time freshman in computing at Pace has increased for the first time since 2001 and is up 43 percent this fall over fall 2006.”

The partners. The PSII was developed and is calculated by Farrokh Hormozi, PhD, professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences, and is based on labor market data provided by Henning Seip of SkillPROOF, Inc. The index is produced under the auspices of Pace’s Seidenberg School of Computer Science and Information Systems.

A private metropolitan university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,500 students in bachelor’s, master’s, and doctoral programs in the Dyson College of Arts and Sciences, Lienhard School of Nursing, Lubin School of Business, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu.

SkillPROOF Inc. is a technology firm specializing in job market research. Headquartered in New York City, since 2003 it has tracked and analyzed job openings from brand name employers in the United States, using proprietary Internet technology. www.skillproof.com

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