Study shows first national increase in tech job hiring (1%) since 2001

[Bush_Eats_Beef]

High-tech employment turned corner in 2005
Silicon Valley/San Jose Business Journal - 1:25 PM PDT Wednesday

The report by AeA, a high-tech trade association, reveals the first national increase in tech jobs since the economic downturn in 2001. High-tech employment was up 1 percent in 2005, or 61,100 out of 5.6 million workers, according to the report. Matthew Kazmierczak, vice president for research and industry statistics for AeA, said the tech industry is "slowly turning the corner." In California, the nation's high-tech industry leader, job losses have dramatically slowed and venture capital is up, he said.

High-tech employment in California edged downward by 10,600 jobs, or 1 percent, from 2003 to 2004. The state logged a tech industry total of 904,900 jobs in 2004, the most current year for which state data were available. That's a slower job loss than the 67,800 jobs lost in 2003, according to the report.

Though California lost more jobs than other states, it still leads the nation by most high-tech industry metrics, including wages, payroll and exports.

Workers earned an average wage of $90,600, or 106 percent more than California's average private-sector wage, the report states. California had a high-tech payroll of $81.9 billion, and tech companies exported $47.8 billion from the state.

http://www.bizjournals.com/sanjose/stories/2006/04/17/daily48.html

[jsamuel]

1. wages still dropping though

[NoAmericanTaliban]

2. Don't celebrate yet...H1 Visa limit will be increased..

Bush & a lot of companies are already asking for it.

[Bush_Eats_Beef]

3. Rush Limbaugh was hammering that point a week ago...

...saying that we are turning "the best and brightest" away from America by having a cap on the H1s.

Then he named "Web Designer" as one of the positions we need H1s for. As anyone can tell you, America is currently going through a CRITICAL SHORTAGE of WEB DESIGNERS.

And that doesn't include the qualified, unemployed (or under-employed) Web Designers who are lined up around the block. NO, we need to import FOREIGN Web Designers, and trust me...it's not because they work for pennies on the dollar. I mean, it's nice that things work out that way, but we're really not looking for cheap labor. We just want the best and the brightest, and many Americans are not properly trained for the "new job market."

:grr:

:rant:

[NoAmericanTaliban]

4. And yet the sheep keep listening to him

if we do lack a talented field - its good radio folks maybe we should lift the h1 visa limit to bring in more radio announcers or in his case bullshit artist. This would be a good one for Lou Dobbs to know - Rush for the war on the middle class.