[CS-FSLUG] IT unemployment now exceeds overall jobless rate

Fred Miller fmiller at lightlink.com
Tue Nov 9 16:11:32 CST 2004


IT unemployment now exceeds overall jobless rate

http://www.msnbc.msn.com/id/6438350/

"A generation ago, it was blue-collar workers who confronted a grim future
of layoffs and factory closures. Many turned to computer work as a way out.
Thanks to the 1990s boom in personal computing and the Internet, jobs in
information technology ? known as IT, or simply "tech" ? were supposed to
spread the prosperity of a "New Economy" based on digital technology
instead of on bending metal or stamping plastics.

But it's not working out the way many had hoped. Unemployment among tech
workers, once almost nonexistent, is now higher than the overall jobless
rate for the first time in more than 30 years, according to an analysis of
federal statistics by Ronil Hira, assistant professor of public policy at
the Rochester Institute of Technology."

-- 
"Democracy is two wolves and a lamb voting on what to 
have for lunch. Liberty is a well-armed lamb contesting the
vote." - Benjamin Franklin 1759




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