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+-   Nearly 50,000 IT Jobs Lost in Past Year-> on Wednesday August 06 2008, @04:30PM snydeq

Submitted by snydeq on Wednesday August 06 2008, @04:30PM
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snydeq writes "Employment statistics from U.S. Department of Labor show what most IT people may have already realized: IT jobs are getting harder to come by. According to the Bureau of Labor Statistics, 13,000 jobs in the information industry were cut in July, bringing the total to 44,000 year over year. An additional 5,000 jobs were lost in telecom this past month. The statistics reinforce a recent survey of top CIOs who indicated that they will be reducing their IT staff over the coming year. According to a staffing research firm, some jobs have gone to outsourcers, while other jobs are simply going away, either due to cost-oriented automation efforts or due to increasing the remaining staff's workload."
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