Tech jobs hold up as unemployment rate rises
It's hard to find bright spots in newly released labor statistics, but here's one: there are more computer systems design and consulting services gigs than a year ago.
This was originally posted on ZDNet's Between the Lines.
As expected, the Department of Labor's February jobs report Friday was a train wreck. The economy lost 651,000 jobs in February, the unemployment rate ticked up to 8.1 percent, and the Bureau of Labor Statistics revised December and January job counts sharply. But the information technology industry's job picture looks decidedly better in some areas.
It's hard to find a few bright spots when 651,000, 681,000, and 655,000 jobs were lost in February, January, and December, respectively. However, the data indicates that there are more computer systems design and consulting services gigs than a year ago. There are also more communications equipment manufacturing jobs than a year ago.
Other areas in the tech industry lost jobs, but it clearly could have been worse. Here are the Bureau of Labor Statistics' release and PDF tables. My excerpt of those tables along with my notes are below (click to enlarge):
Also see:
• CBSNews.com: Unemployment Hits 25-Year High
• CBSNews.com: layoffs by industry graphic
(Credit:
Adaptation of Bureau of Labor Statistics chart by ZDNet's Larry Dignan)
