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News & Press: Colorado Technology Industry

Harvey Nash Reports July Increase in Denver-area IT workforce

Friday, August 5, 2011   (0 Comments)
Posted by: Sean Gilligan
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Today’s announcement from the Bureau of Labor Statistics (BLS) reveals that U.S. employers added 117,000 jobs in July. The unemployment rate dropped to 9.1 percent.

Based on what we are seeing at Harvey Nash, the Colorado technology industry saw significant growth in July. In the last month we have candidates that are not only receiving multiple new offers, but are now also receiving counter offers from their current companies, as well as promotions to go along with increased money.

Since the job market picked back up, employers are facing increasing competition for successful candidates before someone else hires them. Technology employers are starting to feel the pain of sitting on candidates too long before pulling the trigger. They have realized that if they like someone they can’t wait to begin the interview process or make an offer.

Over the past two months, contract requests spiked, which is typical in the summer. However, we are also starting to see more companies doing project work. Many of our clients are sending us scope of work documents in search of consultants to fulfill projects.

Overall, we are seeing that businesses are definitely expanding, and there’s an increase in the IT workforce in Denver.

Sean Gillian is the Colorado Market Director for Harvey Nash USA, a leader in executive search, professional recruitment and IT outsourcing.

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