Tech Jobs Back to Pre-Crash Level; Internships Grow

DICE NEWS ROUNDUP:

Dice News RoundupIT Employment Nears Pre-Crash High: Overall tech industry employment reached almost 4.068 million in November, close to the all-time high of 4.088 million in June 2008, and up 2.1 percent from October. Computerworld

Bay Area Tech Internships Are Hot: Technology giants like Google and Facebook are expanding their summer intern programs, and smaller companies are following suit. Ninety three percent of early-stage Silicon Valley startups are hiring interns, and venture capitalists have begun finding interns for their firms, as well. Kleiner Perkins Caufield & Byers recruited at 25 college campuses to find 25 engineering interns for 2012 through a new KPCB Engineering Fellows program. The Wall Street Journal

Congress Proposes Limits on IT Overtime Pay: A bill before the U.S. Senate Committee on Health, Education, Labor and Pensions would limit overtime pay for many computer professionals. The Computer Professionals Update Act (CPU Act) would curtail overtime benefits for a large portion of IT employees currently covered under the Fair Labor Standards Act (FLSA). Ironically, limiting overtime pay could increase IT labor costs if companies adopt a no-overtime policy for hourly workers. The bill was introduced in October by Sen. Kay Hagan (D-N.C.), whose constituency includes North Carolina’s Research Triangle. Dice News

Hiring Freezes May Persist Next Year: Hiring freezes will persist next year at 30 percent of companies, even as 75 percent see demand rising for new IT projects, according to InformationWeek’s Outlook 2012 Survey of 605 business technology pros. Fifty six percent say their companies plan to increase IT spending in 2012, and just 16 percent think they’ll cut. The survey asserts that CIOs will continue to rely heavily on outsourcing as the variable component to their workforces, absorbing the peaks of IT demand as well as fulfilling specialized skills. InformationWeek

Who Is Previewing Windows 8? Three million people have downloaded Microsoft’s Windows 8 developer preview, but it appears relatively few are using it. In November, Windows 8 powered 0.03 percent of Internet-connected computers. That’s a small increase from the 0.02 percent in October, but very weak compared to the way Windows 7′s previews were installed three years ago. Then, the measure stood at 0.13 percent within three weeks. InfoWorld

Oracle Stumbles on Hardware Sales: Industry giant Oracle had a bad quarter, failing to meet estimates for the first time in 10 years. Software licenses rose only slightly, and hardware sales were down by 14 percent year on year. Meanwhile, the company boosted its sales force by 1,700 during the first half of the year, in an effort to sell its ERP and CRM products. Since Oracle is often seen as a leading indicator for the entire tech industry, the numbers are disheartening. AllThingsD

The Pentagon Ponders an IT Overhaul: The Department of Defense released an enterprise IT plan that will save up to $5.2 billion over the next five years through infrastructure consolidation and increased use of enterprise-wide services. The IT Enterprise Strategy and Roadmap identifies 26 initiatives aimed at increasing the efficiency and mission effectiveness of the military’s IT infrastructure, including data center consolidation, cloud computing, consolidated purchasing, and deployment of an enterprise network that spans military branches. The Pentagon has the biggest IT budget of any organization in the world, $38.4 billion in fiscal 2012. InformationWeek

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