its going lower, and the reason is - its not a decline related to economic activity. in other words, yes, there was a "bubble" in the employment in this field in the late 90s, and a matriculation bubble too. so the bubble burst accounts for some of this. but over the last 3 years, tech employment really isn't imploding, its just going offshore. Oracle has just as many engineers as ever, IBM too, probably more then they ever had - but they aren't in the US.
That's the difference this time - a decline related to an economic slowdown would be normal, but that's not what this is now. Most of the bubble was rung out by the end of 2001, 1st half 2002. For the last 3 years, we have been in a new phase of the decline in this sector, and its not due to economic contraction.
Its like looking at the north carolina furniture makers. are they losing their jobs because people are buying less furniture? no, in fact furniture sales are booming along with the housing boom. they are losing their jobs because they are moving to china. there isn't any way to turn it around, its not an economic cycle that is doing this. that's why I am so negative on tech employment, what's going to come around to turn it around? We aren't going to have 6+% GDP growth in the US anytime soon.
When I asked for a source I meant some source other than you. You know, with numbers and charts and stuff. Some source more trustworthy that the BLS. Some source more trustworthy than you.