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Tech Unemployment Rising In Some Categories (dice.com)

Posted by timothy on from the constant-flux dept.

Nerval's Lobster writes: The technology industry's unemployment rate crept up to 3.0 percent in the third quarter of 2015, according to the U.S. Bureau of Labor Statistics (BLS). Although that represents an increase from the second quarter, when tech unemployment stood at 2.0 percent, it's nonetheless lower than the 5.2 percent unemployment rate for the U.S. labor market as a whole. Despite that relatively low rate, however, many technology segments saw an accompanying rise in joblessness. (Dice link) Web developers, for example, saw their collective unemployment rate hit 5.10 percent, up from 3.70 percent in the same quarter last year. Computer systems analysts, programmers, network and systems administrators, software developers, and computer & information systems managers likewise experienced a slight rise in unemployment on a year-over-year basis.

3 of 182 comments (clear)

  1. And now you know ... by John+Jorsett · · Score: 5, Insightful

    ... why we need all those H1B visas: to bring tech unemployment more in line with US unemployment overall. Unemployment inequality affects us all.

    1. Re:And now you know ... by Anonymous Coward · · Score: 5, Informative

      Not true. Trump has come out against it as it currently stands, and has an elegant solution: require H-1Bs be paid more than market wages. That way, it's only cost-effective to hire an H-1B if you honestly need them.

  2. 5% unemployment is healthy by Anonymous Coward · · Score: 5, Informative

    5% unemployment is close to a natural level in a healthy market. The fluctuation around tenths of a percentage points is mostly noise.