In The Empire: “Pace University’s Entrepreneurship Lab Will Train People To Think Differently”

A startup blog covers the opening of Pace’s new startup Entrepreuneurship Lab. How appropriate.

This is the seed blog for InTheEmpire, a Streetwise Media site specifically for NYC, set to officially launch this March.
 
February 17, 2012
 
 

Pace University officially opened the doors to its Entrepreneurship Lab (aka, E-Lab) last night, and there to cut the ribbon was Professor Bruce Bachenheimer, who was named the lab’s first director.

“It takes innovation and entrepreneurship to develop things that are meaningful,” Bachenheimer tells us over the phone.

The big picture strategy of the E-Lab is not necessarily to incubate companies or create startups, but it’s to spur entrepreneurial and innovative thoughts and actions.

“We don’t measure our metrics by how many students launch businesses,” Bachenheimer says. “It’s the ability to come up with new and creative solutions to problems, and the ability to add value in a unique and innovative way.”

To spur innovation, Bachenheimer and his E-Lab will provide students with workspace for creative thinking, in addition to access to workshops, guest speakers, roundtable discussions, and networking events involving members of the entrepreneurial community.

“If you’re looking at very good innovators, they have to be young enough so that their minds are not so rigid in the way things are and the way things should be,” says Bachenheimer. “But they also need to have enough knowledge, skills, and abilities to find and solve problems.”

To mold a mind into innovative shape, college students need an “experiential education.” People at that young of an age need to be able to expand their horizons and question the norm, or, to borrow a line from Steve Jobs, you need to “stay hungry, stay foolish” to truly innovate.

“You need to train people to think differently, and if there are specific skills they don’t have, let them know how to get those resources,” Bachenheimer says. “Hopefully, the Entrepreneurship Lab is one of them.”

(Image, from left: Neil Braun, Bruce Bachenheimer, Harold Levy)

WABC TV: Wikipedia’s Protest of SOPA

On January 18, 2012, Wikipedia blacked out their site in a one-day protest of the Stop Online Piracy Act (SOPA). WABC TV called upon Li-Chiou Chen, Ph. D., PhD. Associate Professor of Information Technology at Pace University, to weigh in on the proposed legislation.

On January 18, 2012, Wikipedia blacked out their site in a one-day protest of the proposed Stop Online Piracy Act (SOPA). According to the website, 162 million people viewed the protest page which drew supporters that “shut down Congress’s switchboards and melted their servers.”

WABC TV called upon Seidenberg professor Li-Chiou Chen, Ph. D., to weigh in on the proposed legislation.

View the news clip here.

NEWS RELEASE: IT Job Market Maintains its Momentum in Manhattan and Remains Robust in Westchester New Pace Report Shows

The information technology job market continued to gather momentum in Manhattan and remained robust in Westchester County, according to the third quarter Pace/SkillPROOF IT Index Report (PSII), out today.

FOR IMMEDIATE RELEASE

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

NEW YORK, NY, October 13, 2010 – The information technology job market continued to gather momentum in Manhattan and remained robust in Westchester County, according to the third quarter Pace/SkillPROOF IT Index Report (PSII), out today.

The index for Manhattan gained another 9 percent over an exceptionally strong second quarter, rising from 110 to 119. “Although the increase is relatively modest, it validates our belief that the recession for IT professionals has ended,” the researchers write. “It is also worth noting that the IT labor market increased substantially over the 3rd quarter of 2009 when it registered 43, an increase of 278 percent!”

The Westchester IT job market appeared to be an anomaly in the third quarter of 2010. Although overall growth declined by 9 percent during the previous three months, ten of the eleven categories that comprise the index exhibited positive growth in the third quarter.

The PSII is a composite index produced by Pace using data from the SkillPROOF company that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.

Positive signs

Another positive characteristic of the past quarter in Manhattan was that of the eleven standard categories of the index, all but one showed gains, ranging from 32 percent for Computer Scientists, Research to approximately one percent for Other Computer Specialists. In the year-to-year data for Manhattan, nine of the eleven categories of the IT industry had substantial gains, led by Software Engineers, Applications at 303 percent, while two had declines, led by Network Administrators with a decrease of 44 percent. Quarterly comparisons, however, were less dramatic. Of the eleven categories, ten advanced and only one declined. Among the winners, Computer Scientists, Research increased by 31 percent followed by Software Engineers, Applications by 22 percent. Network and Computer Administrators, the only sector that showed declining demand during the second quarter, fell faster and farther in the third quarter, making this sector the poorest performer of the year.

In Westchester, the category of Computer Scientists, Research, which has led the market since the index began gathering data in 2004, dropped by 14 percent. Still, its previous surges mean that on an annual basis the category registered an increase of 224 percent. On the positive side, demand for Systems Analysts increased by more than 400 percent this quarter, followed by IT Managers at 240 percent.

“By many accounts, the recession is over,” said Tom Murphy (MS/CS ’11), VP of IT Infrastructure/UNIX Engineering at Millennium Partners, LP, in a sidebar of the report. “The Dow Jones Industrial Average is about 1300 points higher than a year ago, and, as businesses feel more secure, they will increase hiring. International Data Corporation (IDC) indicated a 5.8% growth rate in IT spending through the end of the year, with government, banking, and manufacturing taking the lead. This should translate into increased employment opportunities in the region.”

Murphy added: “New technological trends create new career opportunities. Indeed.com lists virtualization and cloud computing among its top IT job trends. This year, Gartner reported that 39% of 1587 companies surveyed now allocate resources to cloud computing, with 46% of them planning on increasing their budget next year. For IT professionals this translates specifically into jobs for programmers and systems engineers.”

The reports are available at http://www.pace.edu/pace/seidenberg/features-special-events/paceskillproof-it-index/

The Index partners. The PSII was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences and chair of its department of public administration. The index is based on labor market data showing actual, listed openings that is 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. www.seidenberg.pace.edu

For 104 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, 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 Bridgeport, Connecticut, since 2003 it has tracked and analyzed job openings from brand name employers in the United States, using proprietary Internet technology. www.skillproof.com

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube .

Professor Jean Coppola’s Class Featured in Investor’s Business Daily

Associate professor of computer science and information systems at Pace University in New York City was quoted in an Investor’s Business Daily article.

Read about Professor Jean Coppola’s class in Investor’s Business Daily, a national newspaper:

The great majority of Americans surf the Internet, including 70% of the 50-to-64 age group, says the Pew Research Center.

But one age demographic still lags. Only 38% of the 65-and-over crowd go online.

That can change, says Jean Coppola, associate professor of computer science and information systems at Pace University in New York City. Computer use has huge benefits for older users, she says.

“It helps them cognitively. It keeps them mentally stimulated. It’s a brain exercise,” said Coppola, who teaches “Intergenerational Computing” at the school.

http://www.investors.com/NewsAndAnalysis/Article/545351/201008271840/Granny-Can-Get-Her-Internet-Game-On.htm

Every week undergraduate students team up one-on-one with what some feel are their adopted grandparents through an intergenerational computing program.  Students’ along with seniors’ attitudes change toward each other with serendipitous strong bonds developing during this service-learning experience.

Largest Quarterly Gain Since 2004 in Manhattan IT Job Market and Dramatic Growth in Westchester County, New Pace U. Report Shows

The information technology job market showed remarkable strength in Manhattan and an impressive increase in Westchester County, according to the second quarter Pace/SkillPROOF IT Index Report (PSII), out today.

New York, NY – July 22, 2010 – The information technology job market showed remarkable strength in Manhattan and an impressive increase in Westchester County, according to the second quarter Pace/SkillPROOF IT Index Report (PSII), out today.

The index for Manhattan surged from 74 to 110, a 47 percent increase which was the largest quarterly gain since the data were first gathered in 2004. “The increase is particularly reassuring because it follows three consecutive quarters of an improving job market, indicating an enduring recovery for Manhattan IT professionals,” the researchers write.

The 24 percent rise in the index reported for Westchester County during the 1st quarter of 2010 was surpassed by an even more impressive increase during the 2nd quarter. The PSII currently stands at 156, up from 106, representing a robust increase of 50 percent for Westchester.

The PSII is a composite index produced by Pace using data from the SkillPROOF company that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.

The largest contributors to overall growth in Manhattan were IT Managers, at 61 percent, followed closely by Network and Data Communications Analysts, at 60 percent. Categories showing smaller gains include Database Administrators, at 14 percent, and Network Administrators, at a 16 percent increase.

In Westchester, although growth was uneven among the 11 standard IT job categories, the leading occupation was once again Computer Scientists, Research, which increased by more than 53 percent. Following people in that category were Network Administrators at 39 percent and IT Managers at 36 percent. Other categories did not fare as well. Two declined and five remained flat. The poorest showing in the second quarter was in the market for Software Engineers, Systems, which declined by over 40 percent.

“In recent years, technical innovation has helped many companies reduce costs, increase efficiencies, and exploit new revenue opportunities,” said Louis A. Trebino, Jr., Senior VP & CIO, The Harry Fox Agency, Inc., in a sidebar of the report. “Indeed, technological innovation has been a key driver to survival during these turbulent times.

“As companies begin to rebound from the recession, IT employment opportunities are likely to increase. Leveraging this innovation and ongoing capitalization of growth opportunities ensures the continuous need for seasoned IT professionals, particularly IT managers.

“In addition, a growing trend is the need for business-savvy technologists who can readily demonstrate the value of IT as a strategic business enabler. This further solidifies the growing demand for IT professionals in what is otherwise a less than favorable employment environment.”

The reports are available at http://www.pace.edu/pace/seidenberg/features-special-events/paceskillproof-it-index/

The Index partners. The PSII was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences. It is based on labor market data showing actual, listed openings that is 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.www.seidenberg.pace.edu

For 104 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, 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 Bridgeport, Connecticut, since 2003 it has tracked and analyzed job openings from brand name employers in the United States, using proprietary Internet technology. www.skillproof.com

Visit Pace on the web: Pace.eduFacebookTwitterFlickrYouTube .

Pace Report: IT Job Market Remains Robust in Manhattan, Maintained Positive Momentum in Westchester

Job postings for IT professionals showed dramatic growth in Manhattan and increased significantly in Westchester County, according to the first quarter Pace/SkillPROOF IT Index Report (PSII), out today.

FOR IMMEDIATE RELEASE

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

INFORMATION TECHNOLOGY JOB MARKET REMAINS ROBUST IN MANHATTAN AND MAINTAINED POSITIVE MOMENTUM IN WESTCHESTER, NEW PACE U. REPORT FINDS

New York, NY – April 16, 2010 – Job postings for IT professionals showed dramatic growth in Manhattan and increased significantly in Westchester County, according to the first quarter Pace/SkillPROOF IT Index Report (PSII), out today.

“The dramatic growth of the IT industry in Manhattan is a significant sign of overall economic recovery,” the researchers write. “All indicators point to this reversal. Consumer spending and confidence are up, as is the hotel occupancy rate. As pointed out in last quarter’s PSII, employment is a lagging indicator. Employers are always cautious in responding to improved market signs as they want to be sure that the recovery is secure before hiring. That sense of confidence was reached this quarter.

“The gain in Westchester was part and parcel of improving national economic news,” they write. “Although the 160,000 new jobs created in March did not alter the unemployment rate, the increase still can be interpreted positively: As the economy shows signs of sprouting ‘green shoots,’ those who have been sitting on the sidelines during the period of rising unemployment have gained a sense of optimism and are renewing their job searches, thereby offsetting the gains in job creation.”

The PSII is a composite index produced by Pace using data from the SkillPROOF company that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.

The 1st quarter index of job openings in Manhattan jumped by 11 points, or over 18 percent, from 63 to 74. This level has not been seen since the 2nd quarter of 2008, when the Great Recession began. This went hand in hand with nationwide gains in hard-hit sectors like manufacturing and construction, as well as with the 162,000 increase in employment reported in March. In Manhattan, the overall 18 percent growth of the PSII was led by a 60 percent increase in demand for Systems Analysts, followed by a greater than 30 percent increase for Computer Programmers. The category of Other Computer Specialists was also up by over 24 percent, a further indication of recovery. Although nine of the 11 IT job market categories showed positive gains, the news was less promising for the remaining two. Demand for Computer Support professionals declined by nearly one percent and that for Database Administrators by over half of one percent.

In Westchester, the PSII increased by more than 24 percent, from 85 to 106, a significant increase. The index went above 100 for the first time since the 3rd quarter of 2008. The Westchester IT job market has maintained positive momentum. After resisting improved economic news during the first two quarters of 2009, it gathered strength during the last two. In the IT sector, the 25 percent growth in the PSII is quite impressive; however, it should be noted that it comes primarily from only two sectors. These are Computer Scientists, Research, registering a 29 percent gain, and Computer Programmers, rising by 19 percent. Software Engineers also showed improvement, ranking a distant 3rd with a 6 percent increase. The remaining categories remained flat or declined. The greatest decline in the Westchester job market was for Computer Support Specialists.

“Business and consumer confidence, market activity, and job creation all increased during the 1st quarter, said Kamal Shah, Vice President of Oppenheimer Funds. “This improved outlook is prompting businesses to gear up and develop new strategies to make themselves more responsive to market changes, and client and shareholder needs with better reporting and information.

“The improved economy also has a direct impact on hiring as the year of retooling has begun. Social media, collaboration, and cloud computing are driving the dissemination of information at ever increasing speeds. This will result in increased demand for network administrators, database architects, and those with knowledge of Web 2.0/3.0 and strong collaboration skills in order to generate better information for better decision-making.”

The reports are available at http://www.pace.edu/pace/seidenberg/features-special-events/paceskillproof-it-index/

The Index partners. The PSII was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences. It is based on labor market data showing actual, listed openings that is 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. www.seidenberg.pace.edu

For 104 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, 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 Bridgeport, Connecticut, since 2003 it has tracked and analyzed job openings from brand name employers in the United States, using proprietary Internet technology. www.skillproof.com

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube . Follow Pace students on Twitter: NYC | PLV

News source: Cyber-threats posed by China

Although GoDaddy and Google cited China as a source of cyber attacks, they didn’t blame the government. But these firms are taking action to limit their dealings with China because of other government policies concerning privacy and censorship, which also have concerned the U.S. military. Will censorship and possible cyber attacks prompt other companies to limit their business in China?

Robert Vambery, a professor of international business and marketing at Pace University’s Lubin School of Business in New York, said this kind of behavior by the Chinese has been going on for a while and it’s naive not to expect it. While he sees the possibility of action by Google and other firms having some short- to intermediate-term impacts on other businesses’ dealings with China, they won’t be major, he said.

Contact: Bill Caldwell, Pace University, 212-346-1597, wcaldwell@pace.edu

March 29, 2010

NEWS SOURCE

Topic: Cyber-threats posed by China

Although GoDaddy and Google cited China as a source of cyber attacks, they didn’t blame the government. But these firms are taking action to limit their dealings with China because of other government policies concerning privacy and censorship, which also have concerned the U.S. military. Will censorship and possible cyber attacks prompt other companies to limit their business in China?

Robert Vambery, a professor of international business and marketing at Pace University’s Lubin School of Business in New York, said this kind of behavior by the Chinese has been going on for a while and it’s naive not to expect it. While he sees the possibility of action by Google and other firms having some short- to intermediate-term impacts on other businesses’ dealings with China, they won’t be major, he said.

“Unless there is some serious military encounter between China and the United States, then this is not likely to change significantly in the near future,” Vambery recently told Computerworld.

(http://www.computerworld.com/s/article/9174242/Military_warns_of_increasingly_active_cyber_threat_from_China_ )

Vambery is available to comment on the impacts of the Google decisions in China on other U.S. based corporations and on U.S. national security. Phone: 201-886-2902 or 212-618-6572; email rvambery@pace.edu.

For nearly ten years Vambery served as Managing Editor and Editor at Large of the Journal of International Business Studies, the refereed journal of the Academy of International Business. His research interests include China-US Trade Relations, Japan-US Trade Relations, Global Competition at the Industry Level, and International Financial Crises.

He has been part of a joint project with KPMG Peat Marwick and the Global Economic Action Committee that lead to the development of a training program for East European university graduates. He worked with the Kwan Fong Institute of Hong Kong on the subject of “Trading and Investing in Hong Kong and the People’s Republic of China.” In conjunction with the Global Economic Action Committee, he researched “Modernization of the Chinese Economy and its Role in the Global Economy.”

Vambery was educated at Columbia University and received his PhD and M.Phil. degrees from its Graduate School of Business and Graduate Faculties, and his MS degree from its School of Engineering and Applied Sciences.

New Pace University Report: Job Postings for IT Professionals Jumped Dramatically in Manhattan, Westchester

Job postings for IT professionals increased dramatically in Manhattan and showed surprising strength in Westchester County, according to the fourth quarter Pace/SkillPROOF IT Index Report (PSII), out today.

FOR IMMEDIATE RELEASE

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

INFORMATION TECHNOLOGY JOB MARKET SHOWS DRAMATIC INCREASE IN MANHATTAN AND SURPRISING STRENGTH IN WESTCHESTER, NEW PACE U. REPORT FINDS

New York, NY – January 21, 2010 – Job postings for IT professionals increased dramatically in Manhattan and showed surprising strength in Westchester County, according to the fourth quarter Pace/SkillPROOF IT Index Report (PSII), out today.

“Our cautious optimism for the 4th quarter was on target,” the researchers write about Manhattan. “As the overall US labor market shed an additional 85,000 jobs in December despite a 4,000 job gain in November, the Pace/SkillPROOF IT Index registered a dramatic 47 percent increase, jumping from 43 to 63. After dropping steadily for the past few years, this increase is certainly a promising indicator.”

The index also jumped dramatically in Westchester County, from 43 to 85, nearly doubling its value. The report says that in the US, “monthly unemployment numbers dropped in November for the first time since the recession began two years ago but failed to hold up in December. However, the local Westchester job market, and the IT job market in particular, fared far better than that of the nation as a whole.”

The PSII is a composite index produced by Pace using data from the SkillPROOF company that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.

In Manhattan, the phenomenal increase was widespread across the 11 job categories with the exception of Network and Computer Administrators, the only sector that declined. The most active sector was Software Engineers, Applications, with a 102 percent increase over the 3rd quarter, followed by Systems Analysts with 56 percent and Computer Support with 49 percent.

In Westchester, although the index increased impressively, the increase did not distribute itself evenly throughout all 11 industry categories. Only five showed signs of improvement while one remained flat and five declined slightly. On the positive side, the phenomenal improvement was primarily the result of strong demand in two job categories, Computer Programmers and Computer Scientists, Research. For the former, job postings increased by over 130 percent; for the latter by 110 percent. Of the remaining categories, the index showed improvement in demand for Software Engineers, Applications; IT Managers; and Systems Analysts. The greatest decline in demand was for Network Administrators.

“Technology can help cut costs during a downtrend and drive a business during a recovery,” said Sunil M. Verma, PhD, VP Information Technology, Macy*s, and Chief Information Officer, CIOs Without Borders. “During the last year we’ve seen non-IT companies increasingly turn to technology to streamline their operations.

“In the 4th quarter there also seemed to be resurgence in IT investing to drive market share increases. Cloud computing appears to be keeping the demand for database experts and Web developers strong; recognition of the power of social media and internal knowledge sharing has resulted in increased budgets in corporate marketing and communications departments; and the demand for developers with portal or smart phone application experience is high. “It is still a buyers’ market and companies are looking for innovative IT professionals with technical skills, communication abilities and a willingness to learn the business.”

The reports are available at http://www.pace.edu/pace/seidenberg/features-special-events/paceskillproof-it-index/

The Index partners. The PSII was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences. It is based on labor market data showing actual, listed openings that is 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. www.seidenberg.pace.edu

For 103 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, 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 Bridgeport, Connecticut, since 2003 it has tracked and analyzed job openings from brand name employers in the United States, using proprietary Internet technology. www.skillproof.com

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube . Follow Pace students on Twitter: NYC | PLV

New Pace report: Job postings for IT professionals show signs of recovery in Manhattan, Westchester

Job postings for IT professionals are showing signs of recovery in Manhattan and Westchester County, according to the third quarter Pace/SkillPROOF IT Index Report (PSII), out today.

FOR IMMEDIATE RELEASE

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

INFORMATION TECHNOLOGY JOB MARKET SHOWS SLIGHT IMPROVEMENT IN MANHATTAN AND WESTCHESTER, NEW PACE U. REPORT FINDS

New York, NY – November 5, 2009 – Job postings for IT professionals are showing signs of recovery in Manhattan and Westchester County, according to the third quarter Pace/SkillPROOF IT Index Report (PSII), out today.

“Our last-quarter prediction that the Manhattan IT job market was bottoming out is clearly supported by this new data,” the researchers write. “While the overall labor market is still weak and the unemployment rate is at its highest level in more than half a century, we are cautiously optimistic about the Manhattan IT job market.”

The 3rd quarter data also show a slight improvement in the IT labor market in Westchester County. “Given the unemployment level of the nation as a whole, this is encouraging news for those seeking employment in the IT sector of the county,” the researchers say.

The PSII is a composite index produced by Pace that provides a snapshot of IT job openings at major firms in separate reports for Manhattan and Westchester County. The 11 standard IT job categories are those defined by the U.S. Bureau of Labor Statistics.

In Manhattan, the index increased by one point from 42 to 43. Of the 11 categories tracked by the PSII, five showed strength, two remained flat and four declined. The consistency of data for the past three quarters is a reassuring sign that market improvement is not an anomaly and that the worst is over, according to the researchers. Database Administrators had the largest increase in openings, followed by Network Administrators and then Software Engineers, Systems.

In Westchester, the index increased from 41 to 43 with seven of the eleven categories of IT professions showing improvement over the last quarter. Among those categories the commanding increase was for Network Systems and Data Communications Analysts, for which the last two quarters had no postings, followed by Computer Support Specialists, with a 31 percent increase and Software Engineers, Systems with 16.8 percent.

The reports are available at http://www.pace.edu/pace/seidenberg/features-special-events/paceskillproof-it-index/

The Index partners. The PSII was developed and is calculated by Farrokh Hormozi, a professor of economics and public administration in Pace University’s Dyson College of Arts and Sciences. It is based on labor market data showing actual, listed openings that is 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. www.seidenberg.pace.edu

For 103 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Visit us on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube Follow Pace students on Twitter: NYC | PLV

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

Brooklyn Technical High School students to participate in “Tech Day,” hosted by Microsoft and Pace

Wind, teenagers’ days and future technology to be focus of Pace University/Microsoft partnership sessions Friday morning to educate high school students about importance of computer science and technology in college and careers “Tech Day” Friday morning, November 6 in midtown Manhattan

MEDIA ADVISORY

November 4, 2009

Contact: Bill Caldwell, Pace University, 212-346-1597, wcaldwell@pace.edu

Wind, teenagers’ days and future technology to be focus of Pace University/Microsoft partnership sessions Friday morning TO EDUCATE HIGH SCHOOL STUDENTS ABOUT IMPORTANCE OF COMPUTER SCIENCE AND TECHNOLOGY IN COLLEGE and CAREERS “Tech Day” Friday morning, November 6 in midtown Manhattan

WHO and WHAT: “Tech Day,” hosted by Microsoft and Pace, will involve students from Brooklyn Technical High School working in teams with computers and other equipment and participating in career panels and break-out sessions.

Demonstrations and discussions will cover topics including

• “Technology of Future” with a focus on imaging and next computing devices

• a “Day in the Life of a Teenager” and

• a demonstration focusing on “Wind and Unified Communications.”

WHEN and WHERE: Friday morning, November 6 at the Microsoft Technology Center, 1290 Avenue of the Americas between 51st and 52nd Sts., 5th Floor, New York, NY, from 8:45 am to 1:30 pm.

BACKGROUND: The morning is part of a larger project. During the 2009 – 2010 academic year, students and faculty members of Pace University’s Seidenberg School of Computer Science and Information Systems, and representatives of Microsoft Corporation, are meeting with area high school students to deliver the message that technology is ubiquitous and that deep computer knowledge is necessary for success in college as well as in their careers.

ABOUT PACE UNIVERSITY

For 103 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube .

Follow Pace students on Twitter: NYC | PLV

ABOUT MICROSOFT

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