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IT Employment Hits Record High |
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The IT workforce is at a record high, topping 4 million people, and tech unemployment is near record lows, at 2.3% -- half that of the national unemployment figures – according to
an analysis of just released U.S. Bureau of Labor Statistics by CIO Insight magazine.
“Why would IT employment remain robust as unemployment rises in most other job categories?” asks CIO Insight Editor Eric Chabrow, who did the analysis.
His answer: “IT performs a critical role in business productivity, and the efficiencies it brings are crucial for employers looking to trim costs—including payrolls—as fuel and related expenditures soar and the economy and dollar weakens. In addition, companies today cannot operate without functioning IT systems, so certain business technology skills cannot be eliminated if a company wants to remain competitive.”
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