Tide seems to be turning for IT as hiring mandates rise 50% in February

Active demand for technology talent hit a new monthly high for this fiscal year last month, kindling hopes of recovery in the IT services job market that has hit a two-decade low this fiscal.

Hiring mandates for IT talent stood at 124,000 in February, which is a nearly 50% jump compared to January and 33% higher than in December, data from staffing firm Xpheno shows.