Technology Unemployment Rises in Q3

[OhioChick]

The IT sector may be better off than others, but it continues to experience job loss levels not seen in six years. A number of reports and analyses confirm that nearly every segment in technology has been affected by the recession.

Technology job loss has risen in the last quarter to 5 percent, says an article in GovInfoSecurity.com. Looking at data provided by the Department of Labor's Bureau of Labor Statistics, the article pegs technology job loss at the highest levels in roughly six years.

Industry trade group TechAmerica Foundation recently published a report showing that technology is faring better than most industries. GovInfoSecurity's analysis backs that up, though it is not as rosy in its assessment:

"Annualized unemployment stood at 4.1 percent in the second quarter of 2009. ... A year ago, annualized joblessness among IT pros stood at 2.3 percent. These numbers show that the IT profession, like most other occupations, has experienced significant job losses caused by the recession, although declines in the IT field are nowhere near as dire as in the overall workforce. Last month, overall unemployment rose to 9.8 percent, the highest rate since June 1983.

http://www.eweek.com/c/a/IT-Management/Technology-Unemployment-Rises-in-Q3-848736/?kc=rss

Let's bring in more H-1B's.... :sarcasm:

[mule_train]

1. there's no way this counts people who were pushed out of IT by H-1bs

if it counted people who got pushed out, but would go back in, the rate would be at least as high as average rate

[swaroop]

4. 1.8 million local techies have been replaced by H-1B guest workers

I think the number should be higher.

http://www.dailykos.com/storyonly/2009/3/27/135839/256

[swaroop]

2. It is about time to abandon the H-1B slave visa program

[OhioChick]

3. Agreed.

Welcome to DU, BTW.