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Thread: 403,300 high tech jobs lost in past 3 years

  1. #1
    Friendly Neighborhood Super Moderator phishhead's Avatar
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    403,300 high tech jobs lost in past 3 years

    SEATTLE - The U.S. information tech sector lost 403,300 jobs between March 2001 and this past April, and the market for tech workers remains bleak, according to a new report.

    Perhaps more surprising, just over half of those jobs 206,300 were lost after experts declared the recession over in November 2001, say the researchers from the University of Illinois-Chicago.

    In all, the researchers said, the job market for high-tech workers shrank by 18.8 percent, to 1,743,500 over the period studied.

    Full Story: MSNBC



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    Platinum+ Member z3n's Avatar
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    That is some seriously miserable news Phish

    Time flies like an arrow. Fruit flies like a banana.~ Groucho

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    Titanium Member efc's Avatar
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    Within the past couple weeks, I sent my son an article that indicated that tech jobs were comiing back. Make me wonder who is right.
    Linux Mint Debian Edition

  4. #4
    Friendly Neighborhood Super Moderator phishhead's Avatar
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    well here in San Diego they have Tech schools like they have 7-11s and the work force is so saturated with I.T. noobs that there is no work for them and now I've noticed that the pay rate has dropped also.

    3 and half yrs ago when I graduated I went to COX cable and they wanted to hire me as an ISP tech support for $15 bucks an hr but I held out because they wanted 2nd shift, holidays, and weekends and squeezed a few more from my current job.

    I saw in the local paper on Sunday that they are hiring for $10-$12 an hr. with benefits but still you go to a tech school and fork out 10-15 grand for a $12 an hr job.



  5. #5
    Security Intelligence TZ Veteran cash_site's Avatar
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    Its not good news, especially with all the outsourcing to foreign nations...

    --- 0wN3D by 3gG ---

  6. #6
    Platinum+ Member z3n's Avatar
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    Yeah I agree - Down with computers - boo .... wait ... what am I saying...

    Time flies like an arrow. Fruit flies like a banana.~ Groucho

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