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Friday, November 07, 2008 10:53 AM/EST

IT Services a Bright Spot in Gloomy Jobs Report

Buried in the grim employment statistics released today is some happier news for IT workers: an increase, to 1,434,500, in the number of people working in the category "computer systems design and related services."

It's a tiny gain -- just over one-third of one percent -- but it bucks a nasty trend in the broader economy. The number of jobs added in October actually exceeded the number added in September (statistics for both months are preliminary), which followed similar small gains throughout the summer.

Manufacturing jobs for computer and electronic products, meanwhile, fell about one-third of one percent from September to October.

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Comments (5)

tom :

Oh boy, some more Indian, Chinese and Mexican workers have jobs...I'm sooo happy...being an unemployed American citizen for more than 4 years now!

Signed...

MBA years of esperience...

dj dunleavy :

don't be silly. You're not considered unemployed if you've been out of work that long. They make sure to pick and choose who is unemployed and who is momentarily, for a very long time, without a way to make money.

Look how long it took them to admit we had a recession. Govt statements contain more fiction than Stephen King ever wrote.

Greg David :

We are seeing the exact same thing that the report states. Demand for IT talent in the hot skill areas (.NET, J2EE, MS SQL Server, Oracle, SAP, PeopleSoft, SAN, C#, Business Objects, etc.) is the highest we have seen. The biggest challenge is finding people with these skills---the jobs in these categories are out there, and there are lots of them. Despite the negativity in other parts of the economy, there are lots of IT jobs in these hot skill areas, and demand seems to be increasing every month.

Charles :

Greg, you obviously have not read the help wanted ads nor understand how the game is played. Those ads are written to show demand but when you apply see what happens, unless you are Indian willing to work for 30 grand a year.

Z :

Sounds about right to me. Many of the posted openings offer less than the going rate even in the local market, let alone the national scene. So much so that some of the rates are just plain laughable.

How is it that demand is so high yet rates remain relatively low? Something doesn't add up here.

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