Posted on 07/06/2009 10:12:36 AM PDT by rabscuttle385
fyi
Perhaps this makes up for the fact that so many IT guys are large walking genitalia.
I see an Asbestos suit in your future....LOL
Because we all know that The One is just so much effing smarter than us puny humans. /sarc.
“Listen mister, Big Dave Diode don’t LIKE other people sittin’ on his bunk!” “How’d you like to wake up one morning and find your credit rating slashed?”
This is only because IT took a great many of its hits over the last 8 years or so. There is certainly no growth happening in IT to speak of and what growth there is, is filled by importing in or sending overseas.
Prices are way down in tech however. Massive undercutting by the cheapest offshoring ever.
5.5% in tech is nothing. It is the average rate as IT people tend to move between contracts fairly often.
The job of IT is to require fewer people to support IT over time, so as technology continues to advance there will be fewer people needed to support it.
This recession is NOTHING in IT compared to the tech bubble popping. The rest of the economy is going to bear the brunt of this one. A lot of companies are overplaying their hands trying to abuse IT workers due ot the “down market” and are going to see a lot of talent walk because of it.
This market is nowhere near for IT what it was in 02/03, and many companies are acting like it is.
>>> 5.5% in tech is nothing. <<<<
I agree. I read this and thought “So what.”
Tech unemployment at 5.5%?
Try 50% underemployment. Most techs I know are not working in a tech job, or at one that pays $10 per hour, after 4 years of college and 10-30 years of tech experience.
untold backstory is that large numbers of H1B tech workers are going back home, which tends to hold the numerical rate steady
Maybe. We find more and more creative ways to use IT so it has grown for decades and will probably continue to grow.
It was only in 1943 when Tom Watson, the President of IBM, was alledged to have said, “I think there is a world market for maybe five computers”. Some say he never said it but it seems to have been a strong idea of the time.
>>> Prices are way down in tech however. Massive undercutting by the cheapest offshoring ever <<<<
Maybe in some areas of IT.
Certainly not in all.
Don't mess with the IT guys. ;)
But yes, in general, we're mostly Richards.
/johnny
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