IT Earnings Way Up at Job Site Elance

While having tech skills doesn’t guarantee employment, they’ve long given job-seekers an edge over many others seeking work. But with the faltering economy and unemployment stubbornly staying close to double-digit rates, just about every sector of the job market has seen dips in hiring.

As an alternative to bringing on full time employees, a growing number of firms hire online contract workers for specific projects. Elance, which bills itself as “the world’s leading online talent marketplace,” issued its quarterly online employment report this week. DevX reports on what areas of IT-related hiring are hot in the Elance report and also the top cities for earnings.

While the overall U.S. labor market continues to struggle with unemployment close to 10 percent, demand for contract workers online is growing at online job mart Elance.

Online professionals contracting jobs via Elance earned over $23 million in the second quarter of 2010, a figure the company said is a 45-percent increase over the same quarter a year ago. Privately-held Elance said 88,729 new jobs were posted on its network in the second quarter.

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