NEW CANAAN, Conn. - Credit union IT managers should find thatthe market for IT professionals continues to soften, hastened bythe movement of technology jobs overseas. According to the latestQuarterly Hot Technical Skills and Certifications Pay Index fromFoote Partners, the "offshoring" of U.S. tech jobs has resulted inlower pay for many IT workers, but the price continues to increasefor a few areas, including security, project management and systemsand network administration certifications. The report comes fromsurveys of more than 38,000 IT professionals at more than 1,800organizations in the United States and Europe. It's the thirdquarter in a row that offshore movement of IT jobs has been seenpushing down wages and demand for certified IT skills in the UnitedStates, says David Foote, Foote Partners president and chiefresearch officer. For example, stand-alone applications developmentskills pay declined 8.5% in 2003 and apps developmentcertifications lost nearly 18% of their value in the past twoyears.

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