Will the Texas Freeze Stop Companies Moving to Texas?

The announcements of HPE, Oracle and Tesla moving to Texas made many headlines. While these were the big names, it did cause a focus on how many tech companies were moving to Texas from other locations, especially California. We have listed over 70 technology companies and notable business leaders announcing they are moving to Texas. The February freeze put a spotlight on some shortcomings in the Texas energy grid. It raised a valid question – “Will companies continue relocating to Texas after the Freeze?”. Yes. Technology companies will continue relocating to Texas. The February freeze will not have any [...]

Monthly IT and Technology Jobs Report – February 2021

IT and Technology Jobs Report Feb 2021 Unemployment Rate for IT and Tech Jobs* Feb 2021: 2.4% Jan 2021: 3.0% Feb 2020 (last year): 2.4% Total IT and Tech Jobs* Feb 2021: 5,870.000 Jan 2021: 5,692,000 Feb 2020 (last year): 5,673,000 US Economy Jobs Added Feb 2021: 379,000 Jan 2021: 49,000 Feb 2020 (last year): 289,000 US Unemployment Rate Feb 2021: 6.2% Jan 2021: 6.3% Feb 2020 (last year): 3.5% Source: Bureau of Labor Statistics "Small businesses are encouraged by vaccine distribution. 72% of SMBs are expecting increased revenues in the next 12 months" Source: Vistage SMB CEO Survey  

Monthly IT and Technology Jobs Report – January 2021

IT and Technology Jobs Report Jan 2021 Unemployment Rate for IT and Tech Jobs* Jan 2021: 3.0% Dec 2020: 3.0% Jan 2020 (last year): 2.4% Total IT and Tech Jobs* Jan 2021: 5,692,000 Dec 2020: 5,614,000 Jan 2020 (last year): 5,632,000 US Economy Jobs Added Jan 2021: 49,000 Dec 2020: (140,000) Jan 2020 (last year): 315,000 US Unemployment Rate Jan 2021: 6.3% Dec 2020: 6.7% Jan 2020 (last year): 4.0% Source: Bureau of Labor Statistics " 69% of small business expect increased revenues in the year ahead" Source: Vistage SMB CEO Survey  

Why Software And IT Jobs Will Double In 10 Years

In 2017, I made a bold statement: Software and IT jobs in the U.S. will double in 10 years. Three years later, we are ahead of pace. While Covid-19 slowed the pace, it did not derail the technology job growth. I am still confident we will see jobs double from the original date. I am also confident we will see IT and software jobs double from now in 10 years. The same reasons apply, and we have now added a few more that will accelerate things. Each month, my company compiles an economic report based on the Bureau of Labor [...]

Houston IT and Software Job Postings Almost Back to Normal

When COVID first came on the scene in early 2020, job postings and hiring took a nosedive and stayed down for a while. Job postings for IT and software positions have nearly returned to their pre-COVID levels. The number of IT and software job postings in Houston for January 2021 are at 86% of pre-COVID levels. This is a clear sign companies are wanting to progress on their 2021 Digital Transformation strategies. When COVID first hit the news cycle in 2020, job postings and hiring took a nosedive. Even before the first COVID case in Houston, companies tapped the [...]