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It's official: IT jobs shrinking

August 9, 2008 — 10:20pm ET | By Judi Hasson
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Janco Associates
M. Victor Janulaitis
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U.S. Bureau of Labor Statistics

The U.S. Bureau of Labor Statistics has reported something apparent to many in the IT community: The economic downturn is taking a toll and jobs are being lost.

"Employment in the information industry declined by 13,000 in July and by 44,000 over the past 12 months. Telecommunications lost 5,000 jobs in July," according to the bureau.

Infoworld.com points out that the new data reinforces a recent survey of top CIOs who indicated that they will be reducing their IT staffs in the coming year. M. Victor Janulaitis, CEO at IT staffing research firm Janco Associates, said the IT employment trend for the last 18 months indicates a slow decay in demand for IT professionals. This stems from cost-containment efforts, a general lack of must-have new technology except Web 2.0, outsourcing and other factors.

For more on jobs:
- see this InfoWorld.com article

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Comments

By Sheryl | Posted 1:33pm | August 11, 2008

I am appalled that the dimwits haven't figured this out yet.

I have been in the field for 32 years. The past 10 its been tougher and tougher to find work. A lot of us old times have changed careers because we have no choice... and yet the Feds continue to drag in the H-1b candidates!

I have done recruiting, and these people, while bright, are the dregs from a moral standpoint. Virtually all of them lie on their resumes about their qualifications. I heard numerous stories from employers about how one person would (phone) interview and another would show up for the job.

So now that someone is finally ADMITTING that the job market is depressed, are we going to start cutting these visas? Or should we instead just let the experienced US IT workers get fast food jobs so there will be enough people to wait on the Indians and Pakistanis who have our jobs?

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