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IT Hiring Down Again, But ITAA Says Workforce Stabilizing
1/8/2003 -- In a report released last month, the Information Technology Association of America (ITAA) said that despite a significant drop in hiring, the U.S. IT workforce is stabilizing thanks to an even bigger decrease in layoffs.
According to the ITAA, only 1.18 million IT positions were filled between between Oct. 2001 and Oct. 2002 , as compared to more than 2 million during the 12 months between Jan. 2001 and Jan. 2002. But hiring outpaced layoffs, with only 844,0000 tech workers laid off during those 12 months, as compared to 2.6 million during 2001.
"Both hiring and dismissals are far below January numbers, which may signal a stabilization of the IT workforce after the roller coaster of the recent year," commented ITAA President Harris Miller.
In fact, the IT industry actually grew over the last quarter. According to the quarterly update of the ITAA's annual workforce survey, the IT industry gained 147,000 jobs in the third quarter of 2002, bringing the total size of the workforce 10,123,000. However, the news isn't good for everyone -- while most IT areas are seeing slight to moderate gains, demand for network administrators has dropped eight percent since the beginning of 2002.
The ITAA is an industry association that promotes public policy, research and networking for IT industry organizations. More information about the study and the ITAA can be found here. - B.N.
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There are 56 user Comments for “IT Hiring Down Again, But ITAA Says Workforce Stabilizing”
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3/4/03: Last of the Dogmen from Florida says: |
Im with John the H1B visa bonaza was a major screw up. The IT industry in the US now belongs to the Indians and to be truthful, they tend to hire their own and will blackball anyone they believe capable of exposing their weaknesses. Lets face it folks. The talent pool from India was pretty much drained after 1999, but India knew that if they could churn out bachelors degrees with 8 weeks of course work, US companies would hire them. Now, with multitudes of unemployed IT citizens, these companies circumvent the rules to keep the H1Bs employed, because they know that IF the IT market picks up again, it will be much harder next time to get them back over here, costing them more in the future. The funny thing is however, is that US companies have poured a lot of money down the drain because of the availability of cheap labor. A lot of projects were financed that had negative ROI. Either the business need was not legitimate OR some All-Show-No-Go talked them into ridiculously expensive and over-baked architectures and technologies. Either way - the H1B bonanza not only created an environment in which citizens would suffer, but also an environment in which normal market pressures were suppressed, enticing US companies into WASTING billions. Shame on the Democrats for wanting the votes and shame on the Republicans for putting Corporate America ahead of America. |
3/4/03: Last of the Dogmen from FL says: |
One other thing. I wouldnt worry too much about the moves offshore. Like I said, by 1999 any talent that India had to offer was over here. They dont have any talent left. About 50% of my time over the last 5 years has been spent replacing offshore products from India. 5 projects in all. 4 of them were so bad they never made it into production. The remaining 1 was bad enough that the servers had to be rebooted 2-3 times AN HOUR. They had to hire a guy just to baby sit the server and reboot it when it died. I have NEVER known of an offshore product that came back servicable - not in the 14 years I have been working IT. To those worried about the offshore thing - just find something to pay the bills for another 2-3 years. All that work will come back after US corporations get a big black eye. |
6/1/03: Carol from Kansas says: |
I am a drafter thinking about getting a bacholor's in IT and I have to agree with Dogmen; when the company I worked for outsourced the projects to India I spent more time fixing simple things like spelling then they spent making the mistakes. The jobs will be back because Abdul is to lazy to do the job right. |
8/8/03: Pete Bennett from Danville CA says: |
I compared the H-1b visas to the Unemployment rate in 00,01,02 and as the visas workers arrived US workers were laidoff in droves. Quite frankly I don't believe some of these posts that they got a job right. My email is flooded with thousands workers who say they lost their to H-1b, L-1 and other visas. In fact there are many big layoffs pending from what my emails says. Outsourcing is worse than the visas as the jobs are gone. The tax deficits, wages, visas and foreclosures rates follow where these workers are. Only fools can even believe that ITAA studies are even close to reality. One note if your're in the DC area government spending, but elsewhere it's bad. Deflation is coming as you can't take 3 million of the best paying jobs from an economy and not have long term impact. [email protected] www.nomoreh1b.com |
8/8/03: Gentry says: |
The ITAA aren't a credible source of information, all they do is lie to suit their own interests. |
8/8/03: Anonymous says: |
bush tax cut put america down.I ve been unemployed for 6 month and was waiting for training. finally I was told--money is out. No training you should wait more. |
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