Thursday, September 23, 2004

Study Confirms What Most Already Knew
A University of Illinois-Chicago study found that 403,300 IT jobs were lost between 3/2001 and 4/2003. Market still bleak for tech jobs, though state hopeful

Here are a couple of quotes I find humorous....

But he also attributes some of the job losses to corporations farming high-tech jobs out to overseas companies whose labor is cheaper.

And since I live in the Upper Midwest, I can feel better because our local economic guru-guy, Sung Won Sohn, is sounding upbeat in his prognostication:

he has seen evidence that the high-tech job market began improving in the months after this study was completed.

Overall, Sohn thinks the industry will rebound although the new jobs created might require different skills.


Yes--skills like learning to smile when you ask, "Would you like to supersize that?"