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The Almighty Buck

Fewer Jobs, Less Pay In The IT Industry 577

dipfan writes "At last an explanation why you can't find a job: a report in the Washington Post says there were more than 500,000 tech jobs shed in the US during the last year, and (for the first time in several years) average IT workers pay is down by 11 percent - down from $71,000 to $63,000. There is some good news on the horizon - the survey of employers by the Information Technology Association of America says that more than a million IT jobs are going to be created in the coming year, taking employment back to pre-2001 levels."
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Fewer Jobs, Less Pay In The IT Industry

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  • by Zarhan ( 415465 ) on Monday May 06, 2002 @09:36AM (#3469109)
    Outsource everything to Elbonia.

    Savings: $10 M in reduced workforce costs.

    Additional losses: $50 M spent in hunting all the bugs from the software with your own workforce.
  • ITAA, huh? (Score:4, Funny)

    by Geek In Training ( 12075 ) <.moc.liamtoh. .ta. .893bc.> on Monday May 06, 2002 @09:41AM (#3469138) Homepage
    There is some good news on the horizon - the survey of employers by the Information Technology Association of America says that more than a million IT jobs are going to be created in the coming year...

    And, why, exactly, should we trust an entity with an acronym like ITAA? :D

    I think it's just a ploy by the RIAA and MPAA to get geeks to stop downloading music and movies and go back to looking for jobs, using the Internet for what it was designed for, like spamming resumes...

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