Market Overview

Cyber Security Hiring Grows only 2% during Last 3 Months of 2011

Hiring for cyber security skills in the last quarter of 2011 grew just 2% compared to 2010, with 6,400 new job ads posted online, according to WANTED Analytics™.

New York, NY (PRWEB) February 07, 2012

During October, November, and December of 2011, Corporate Recruiters and Staffing Firms posted about 6,400 online job ads for cyber security professionals, according to WANTED Analytics™ (http://www.wantedanalytics.com), the leading source of real-time business intelligence for the talent marketplace. After several corporate security threats, hiring for cyber security knowledge, skills, and abilities grew slowly and resulted in a four-year high in demand during September. However, during this last quarter of 2011, the volume of job ads declined, ending the year up just 2% versus the same time period in 2010.

The majority of jobs that commonly require candidates to have cyber security skills are technology related, with Computer Security Specialists, Application Software Engineers, and Systems Administrators seeing the most ads. Other fields with high volumes of ads that require cyber security skills are Intelligence Analysts, Business Development, and Operations Analysts.

Metropolitan areas with the highest volume of job listings for cyber security skills during October, November, and December of 2011 were Washington (DC), Baltimore (Maryland), and Huntsville (Alabama). Employers in Washington, DC accounted for about one-third of hiring demand, with more than 2,100 unique listings during this three-month period. Despite placing the most job ads, this represents a 21% year-over-year decline in hiring. On the other hand, Baltimore and Huntsville both experienced year-over-year increases.

Companies that are sourcing for cyber security skills are likely to find these jobs moderately hard-to-fill, with conditions varying slightly by location depending on the available talent supply. According to the Hiring Scale™, companies in Huntsville, Alabama are currently experiencing one of the more difficult conditions when recruiting candidates with security skills. Hiring demand in Huntsville continues to grow, while the local talent pool is not growing at the same pace. Employers in this area are likely to compete heavily to attract talent and experience a longer time-to-fill than many other areas across the United States. The average duration of an online job posting with cyber security skills is 7 weeks, one week longer than the national average. In comparison, the Hiring Scale also shows that the easiest places to currently recruit cyber security skills are Sacramento (CA), Omaha (NE), and Utica (NY). These areas are likely to fill job openings faster than the rest of the United States.

The Hiring Scale measures conditions in local job markets by comparing hiring demand and labor supply. The Hiring Scale is part of the WANTED Analytics platform that offers business intelligence for the talent marketplace.

To see additional charts and detail, please visit http://www.wantedanalytics.com/insight.

The Hiring Scale is available at http://www.hiringscale.com.

About WANTED Analytics™

WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.

Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.

About WANTED Technologies Corporation

WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 600 million unique job listings. For more information or to sample WANTED's services, visit http://www.wantedanalytics.com.

WANTED is also the exclusive data provider for The Conference Board Help Wanted OnLine Data Series®, the monthly economic indicator of Hiring Demand in the United States.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/2/prweb9172492.htm

 

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