Forrester Says Tech Downturn Is "Unofficially Over" 130
alphadogg writes "The US IT market will grow by 6.6% as high-tech spending rebounds in 2010, according to Forrester Research's latest estimates. The research firm based its projections on data reported for 2009, though its fourth quarter numbers are incomplete. Forrester says hints of a recovery surfaced in the third quarter, and now the company expects the global IT market to grow by 8.1% in 2010. Forrester's US and Global IT Market Outlook: Q4 2009 reads: 'The tech downturn of 2008 and 2009 is unofficially over, while the Q3 2009 data for the US and the global market showed continued declines in tech purchases (as we expected). We predict that the Q4 2009 data will show a small increase in buying activity, or at worst, just a small decline.'"
Still unemployed (Score:4, Interesting)
Does this mean I'll get a job this year?
The tech jobs market in Boston does feel less dead now than it did for most of 2009. I entered the job market in April and it was six months before I had an interview. Now I've had three in three months. It's tricky to extrapolate from those data points to locate a job offer but it does give me hope.
It may be true (Score:4, Interesting)
Real "boost" or just upgrades? (Score:4, Interesting)
Re:Anectodal info (Score:4, Interesting)
Re:The new reality. (Score:4, Interesting)
I was talking to a co-worker today.. he said one year of college (& dorm) was now 15k at the local universities in texas (19k in arkansas for out of state after grants).
How can you justify paying $60-80k for a college degree that pays zippo and may not even get you a job.
More if you put dorms on credit too.
Re:The new reality. (Score:3, Interesting)
That's precisely why more people are doing 2 years of community college + 2 (or even 1.5) years of university. Halve the cost of your education, and get the same degree. Unless you're weighing going to an ivy league where the connections you'll make in the freshman dorm may earn you a few million extra in lifetime earnings, there's just no reason to go to university for those first two years any more.