Software engineers, our profession is dying. According to government data, the total number of software engineers working in America declined by 15% in the 2nd quarter (from March to June) of 2004.
Read 'em and weep:
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It is really disturbing that this job loss may have occurred in the absence of a recession. The conventional definition of recession is two consecutive quarters of negative economic growth. However, on July 30 the Bureau of Economic Analysis released the revised GDP data for 2001, and the recession, as conventionally measured, has disappeared. The revised data does not show two consecutive negative quarters, and for 2001 the economy grew 0.8%. Did we experience not only a job loss recovery, but also a job loss nonrecession?
There was no recession in the second quarter of this year, but BLS data show 131,000 fewer American computer software engineers employed in the second quarter than in the first quarter of 2004--a decline of 15% in three months. Employment of computer scientists and systems analysts declined by 51,000 in the second quarter. Employment of computer programmers fell 16,000.
The decline in high-tech professions in the US is also reflected in the collapse in computer engineering enrollments in America’s premier engineering schools. Over the past several years, M.I.T., Georgia Tech, and UC Berkeley have experienced computer engineering enrollment declines of 43%.
More unprecedented bad news comes from the Internal Revenue Service. For the first time ever, the real incomes of Americans shrank for two consecutive years. In 2002 Americans reported 9.2% less income than in 2000.
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More from Vdare (warning: a right wing paleo-conservative website):
http://vdare.com/roberts/colossus.htm