Calendar year 2007 saw an 8% increase in IT employment, according to the U.S. Bureau of Labor Statistics. Interestingly, though, the IT unemployment rate fell a mere tenth of a percentage point, from 2.2% at the end of 2006. This suggests that many of the people who had been looking for IT work at the beginning of the year were still looking 12 months later and that the new jobs went to others, notes an April 2008 Computerworld article. Those “others” might be IT professionals who had abandoned their job searches and thus weren’t counted in the unemployment figures, as well as foreign workers or people drawn to IT from other fields.
Reprinted with permission © 2008 TreeTop Technologies
Footnotes: From "View from the TreeTop" Volume 2 Issue 5 May 2008