Core Info Jobs Up a Meager 1,700 in May

Posted by: Michael Mandel on June 03

Now let’s take a more detailed look at the core info jobs. This is the increase in jobs from April to May, in thousands, in the core info industries

Computer and electronic products manufacturing          0.7
Software publishing (estimated)                        -0.3
Internet publishing and broadcasting                    0.8
Telecommunications                                     -1.5
ISPs, search portals, and data processing               1.3
Computer systems design                                 0.7
	
Total core info industries                              1.7

The increase of 1,700 jobs is a pittance— significantly less than their average gain of 13,000 per month over the past year. Here’s the year over year change in core info jobs, in thousands.

Computer and electronic products manufacturing          2.0
Software publishing (estimated)                         6.3
Internet publishing and broadcasting                    5.7
Telecommunications                                    -11.2
ISPs, search portals, and data processing.              7.2
Computer systems design                                42.9
	
Total core info industries                             52.9

(software industry data for May is not available. However, I estimated the change in software jobs using April data and the May numbers for print and software publishing together)

Here’s a chart of core info jobs, going back to 2003. It could be entitled, “Fast Drop, Slow Recovery.”

coreinfo.gif

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Reader Comments

bhaim

June 4, 2005 02:57 PM


Nice chart. I noticed you left out the huge plunge in core information jobs during the dot com crash of 2001 and 2002.

Many of these jobs continue to be outsourced.

No wonder computer science enrollments are down 50% in the last few years.

bhaim

June 4, 2005 03:24 PM

What's the link to this dismal job growth and outsourcing ?

No wonder college students are avoiding information technology careers.

Michael

June 5, 2005 09:54 PM

Yes, info jobs have plunged. Part of this is from outsourcing, but, frankly, final demand for info-related products and services has remained surprisingly weak as well.

Thank you for your interest. This blog is no longer active.

 

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Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.

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