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U.S. IT jobs Down 400K Since 2001

Posted by timothy on from the where-have-all-the-flowers-gone dept.

Cryofan writes "A research study shows that American information technology industry 'lost 403,300 jobs between March 2001, when the recession began, and April 2004.' Over half of those jobs - 206,300 - were lost after the recession was declared over in November 2001. In all, the job market for high-tech workers shrank by 18.8 percent, to 1,743,500, between March 2001 and April 2004. And the bloodletting continues -- as reported here on Slashdot earlier this year, the number of employed Software Engineers fell by 15% from April to July of 2004 (from 856,000 to 725,000)."

2 of 1,049 comments (clear)

  1. no fscking shit! by Anonymous Coward · · Score: 5, Funny

    I'm not the only one living with my mom again.

  2. To be corrected by coming Indo-Paki nuclear war... by Anonymous Coward · · Score: 5, Funny
    Predicted weather report from Microsoft's Bangalore Campus: Warm and dry, with temperatures reaching 30,000 degrees Centigrade, winds at 4000 kilometres per hour.

    It's a pleasant day to take a break: step outside, get some vitamin D and experience the full power of Shiva's spear.