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Article: MIXED SIGNALS IN TECHNOLOGY LABOR MARKET.(America Online Inc.)
- Article from:
- Workforce Management
- Article date:
- August 28, 2006
- Author:
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Ed Frauenheim
Signs indicate the labor market for techies in the U.S. is tightening. But as recent news of layoffs at AOL suggests, the situation is far from a repeat of the late 1990s.
In July, employment of information technology workers in the U.S. increased by 4,900 people from the previous month to nearly 3.7 million, according to a report from the National Association of Computer Consultant Businesses, a trade group of IT services firms. The group, which analyzes data from the U.S. Department of Labor, said IT employment rose nearly 160,000 during the past 12 months.
Meanwhile, the unemployment rate has dropped for those in ...