Despite recent gains, the best year for tech employment remains 2001
In 2001, the tech industry employed 6.5 million people. Then the bubble burst, and payrolls shrank dramatically.
In 2001, the tech industry employed 6.5 million people. Then the bubble burst, and payrolls shrank dramatically.
Federal IT spending is declining dramatically, from a peak of $80 billion in 2010 to $70 billion in the 2014 fiscal year.
The U.S. tech industry added nearly 64,000 software related jobs last year, but as the workforce expanded, the average size of workers' pay checks declined by nearly 2%.
The U.S. tech industry added 67,400 jobs in 2012, a 1.1 percent increase from a year earlier, according to a new report from the TechAmerica Foundation.
In his 1990 book "The New Realities," Peter Drucker noted: "Knowledge is information that changes something or somebody - either by becoming grounds for action, or by making an individual (or an institution) capable of different and more effective action." And that is what Big Data is delivering ... new knowledge, new insights and new actions, all of which will give us new problems to deal with.
If there is one word that has defined this year, it's "uncertainty." It has been hanging over almost every economic and job growth analysis related to IT. Blame the elections, the fiscal cliff and Europe.