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IT Workers Cushioned From US Economic Downturn

DontLickJesus writes "According to the AP, technology has been the least hardest hit by the U.S.'s recent economic downturn. Quote: '"Overall technology employment is up in America and the wages associated with it are up," said John McCarthy, a vice president with Forrester Research.' The article goes on to say that companies realize the worth of their [IT] staff. This paired along with a recent article regarding the value of data centers when selling a company leads one to believe that the business world, while historically not fond of IT workers, is showing its true opinion of the sector."

4 of 357 comments (clear)

  1. Re:Experience brought us where we are today by datapharmer · · Score: 1, Troll

    Reagan would have expected the economy to run on jelly beans. He was a sufferer of Alzheimer and had no idea what was going on most of the time he was in the white house. That said, his aids did a pretty good job.

    --
    Get a web developer
  2. Re:Cusioned? by Toll_Free · · Score: 0, Troll

    This is not a loan. This is the US Government purchasing said assets. Just because some idiot journalist (ok, more probably a runny nosed "blogger" who thinks that just because he can type he is a journalist) called it a loan because they don't know what they are talking about.

    They hold on to them (said assets), when the market returns, they sell them at a profit. During that time, they >>supposedly rent them out to at least break even during that timeframe.

    --Toll_Free

  3. Re:Uh, read Unisys financials. by tjstork · · Score: 0, Troll

    Except for the fact that you are totally butchering his ACTUAL trade policy,

    Do you seriously think that any action restricting imports to the USA from any country will occur without retaliation? That's like saying that you can have a limited nuclear exchange. Obama will go in thinking he can sweet talk the EU or Canada into accepting some sort of a cap on their exports to the USA, and what's going to do is see how little those throngs in Berlin love him once they find out its their jobs on the line.

    Obama condemned NAFTA in Ohio, complains about foreign companies taking American jobs, his regrets globalization... I mean, this is a classic dyed in the wool socialist who condemns global capitalism because his constituents are simply ill prepared to cope with it, and he wants to drag the rest of the country down to their level. In doing so, he'll touch off a trade war and drag down the world. Everything he says is a complete and utter contempt for individual freedom and risk taking, and this financial crisis and his response to it proves it.

    And the biggest joke is that he says he's going to unite the country? Cut me a break. Let's see how many farmers fall behind him when he tries to bully the midwest into cranking out corn for slave wages, just like Democrats always do. Red states are red because of economics and the blue states can't take it because they paved over their food with walmarts, won't allow any manufacturing because they want to "save the planet", and thus, have to pay more of their money to get stuff because ultimately everyone knows that their currency is worthless. What exactly does Chicago make these days anyway? Cities used to be information hubs and manufacturing hubs... but they got rid of the manufacturing, and the information hub of people is obsolete due to the internet, and so that really doesn't leave much utility for the powerbase of the Democrats to exist anyway. It's not even that they are evil, it is that they are useless. Cities need to -make things-. No smokestacks, no money. It's pretty simple.

    --
    This is my sig.
  4. Re:Experience brought us where we are today by Ex-MislTech · · Score: 0, Troll

    I'd say put the whole bunch of modern day carpet baggers
    in jail for a good long while, but ...

    Well we have too many ppl in prison as it is.

    I think we need something along the lines of
    an economist jury to have trials for things BEFORE
    they financial crooks and pirates turn bad
    loans into derivatives and try to sell them as a "product".

    The ppl pass judgement on their schemes before they
    go into effect.

    Some of these reindeer games they played were total idiocy.

    They were listing debt as an asset on their ledgers
    via "creative accounting" by the derivatives.

    I think they should have their CPA's pulled for 3 years,
    and feel what it is like to work in the real world
    with the non-privileged for awhile.

    Then when they go back they are on "probation" of sorts
    for a period of time based on the serious of their crimes.

    These white collar criminals play number games and then
    the citizens get to bail them out to tune of over a trillion
    dollars once it is all said and done.

    No more loans for ppl with bad credit no matter what their
    skin color is.

    If your credit sucks, NO loan.

    Also these cities ramping up home values so they can
    get more taxes is sheer idiocy as well, and it needs to stop.

    My "shack" is way over valued and it was a drug repossession
    closer to being condemned than to be worth half what they
    "appraise" it at.

    All this to be governmental leeches on the back side of society.

    Then ppl with these perceived values gte HELOCs they cant afford
    and when the job market tanks, a domino effect sets in like
    no one has seen before.

    Over a year ago when Ron Paul warned about the financial
    mess all the Neo-cons and half the liberals made fun of him.

    Who the hell is laughing now ?

    --
    google "32 trillion offshore needs IRS attention"