September 17, 2003

IT Unemployment At Record Levels

Computerworld:

Unemployment for IT workers reached 6% this year, an "unprecedented" level for a profession that was once a sure path to a well-paying job, according to a new study that also found that foreign-born workers now account for a fifth of all IT employees in the U.S. The report also found that the percentage of laid-off foreign-born IT workers is slightly higher than for U.S.-born workers.

The study, which was presented at a congressional forum today by the Washington-based nonprofit group Commission on Professionals in Science and Technology (CPST), affirms what IT managers have seen in response to help-wanted ads. "I'm sure the number is 6% or higher," said Michael Russo, a data center manager at Wyeth, a Madison, N.J.-based pharmaceuticals giant.

Posted by Timothy Fredel at September 17, 2003 4:12 PM
Related Categories: Area - Social - Demographics | Quadrant - Economic | Quadrant - Social | Quadrant - Technological | Theme - 'Digital Impact'


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