Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
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.”
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.