High-tech job market lost 400,000 jobs

[Ioman]

"The U.S. information tech sector lost 403,300 jobs between March 2001 and this past April, and the market for tech workers remains bleak, according to a new report.

Perhaps more surprising, just over half of those jobs -- 206,300 -- were lost after experts declared the recession over in November 2001, say the researchers from the University of Illinois-Chicago."

http://www.cnn.com/2004/TECH/biztech/09/15/techjobslump.ap/index.html

Ok this is really sad. Are high-tech jobs the next blue collar jobs?

[ECA]

YEP,
From Low pay, before the Internet BOOM,
To High pay, DURING the internet BOOM,
To LOW Pay, FIGHTING to get work.

companies are having a problem... If I pay you this much today, and things change in the future, can I GIVE YOU LESS...
This is why so many jobs are heading EAST. MIDDLE EAST.

2. things are funny Tho.
1. they dont consider lowering Upper management wages.
2. Those companies OVER seas, were STARTEd by PERSONS over here.

[llbbl]

It's all Bush's fault

[ECA]

If you want to GO that way, fine.
BUT...
I think its CORP problems.
And I think its GREED problems on the employees.

Corps are willing to pay the BEST for the best...IS THERE A BEST with Everything changeing ALL the time.

Then theres THOSE persons that SAY anything to get a job worth MORE then they are, and give everyone ELSE a BAD rep.
Wonder WHY temp agencies are doing so WELL.

[flashfire]

It seems weird to me to blame the President for the state of the US Tech Job Markets. Anyone who thinks that through will realize that the downfall of the tech markets started during the boom (well before W). Lets face it, there were many who shouldn't have been in tech but came for the money. I've made a career of fixing other people's screw-ups. Tech folks also have this need to say things like "I don't like Politics or I don't need to know how the business works, I just want to write code, etc). This is asinine logic. If you don't know how the business works and can't provide a logical bridge directly to the business then you're nothing more meaningful than a high-priced code monkey and businesses have a right to protect themselves and go for the lowest price for the lowest skills. Coding can be taught, but the mixture of business acumen and coding skill is invaluable. Few of my friends who understood business, could make themselves valuable, and had REAL talent have found themselves without jobs for more than a few weeks (and I live in the S. Ohio, N Ky area). I'm not saying we all don't know someone talented who got screwed. In fact, we all got screwed in some way during the bust and the current off-shore mess. I'd bet though that many here find themselves pretty close to the same standard of living and have a right to celebrate their circumstances.