National Payroll drop of 17,000, not time to panic – Boston software engineering is in HIGH growth mode!

final-_2.jpgA perfect example of the fear pervasive across the country, is the concern unleashed by the “news” that for the first time since 2003, payrolls showed a drop of 17,000.  This news is certainly not welcomed, but, if one looks beneath the surface, we must recognize that this government statistic is derived from flawed statistical methods, and is always revised (with more precision) within 30 days — in fact, just last Summer, the initial reading showed a contraction, only to be revised significantly higher (into the plus column). With the Fed cutting interest rates aggressively, and a stimulus package soon to be passed, there is reason for optimism.

Locally in Massachusetts, the software engineering job market is RED hot, and according to a recent survey, will experience the 2nd highest 10 year job growth of ANY category. With the number of Computer Science graduates down over the past 3 years, and demand only increasing — any short-term gyrations on the job market will always revert back to long-term growth prospects.

So, if you are bored and unchallenged, looking to shorten your commute, or upgrade your company — NOW! is the perfect time to make a change. We are so confident in the market, that we are planning to expand our own recruiting staff further in 2008.

In the past week alone, we’ve had over 20 new software engineer roles open up in Boston, Cambridge, Waltham, Natick, Burlington and other surrounding areas. Drop me a line – if you’d like to chat about the market and your own confidential career assessment.


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