Ahh what passes for positive news these days in the tech sector and in the regular private sector is that the rate of job loss is slowing. In a way I guess that is better than the alternative greater rates of job loss. Nonetheless this is still negative. An 8% 2002 and 4% this last year is not going to encourage people to pick up tech as a major in college, nor is it going to [rovide and relief for the estimated 300,000 former techies who lost positions in those years. For sure this s going to continue the downward pressure on wages in the sector.
Looks like we will have to wait a few more years for any true improvement in the technology job picture. By that I only mean actual job creation rather than job loss.
Wednesday, November 19, 2003
Ahh what passes for good news these days!
Posted by Drew at 11/19/2003 11:02:00 AM
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