In its second-largest acquisition, Amazon buys the company for $970 million.
The slight increase in I.T. jobs in November was not enough to absorb available workers.
The world may be going digital, but information technology expertise is still no guarantee of finding a job.
Total employment in I.T. increased only 0.17% in November seasonally adjusted, according to Janco Associates Inc., a management consulting firm that focuses on information technology. Janco bases its report on data from the December 2010 U.S. Department of Labor National Employment Report.
“There has been a slight increase in employment numbers in system design and I.T. services and other Information Services,” Janco says in an analysis of the Labor Department statistics. “This has not been enough to absorb the displaced employees from prior periods nor address the issue of recent entrants into the I.T. job market who cannot find work.”
Total I.T. employment, seasonally adjusted, reached 2,781,200 in November, up less than 0.1% from October and 0.17% from 2,776,400 from November 2009.
Here are Janco’s I.T. employment figures broken down into four sectors, with seasonally adjusted November 2010 jobs in each category in thousands followed by percentage change from November 2009:
- Telecommunications: 920.6, -4.24%
- Data processing, hosting and related services: 245.1, -1.29%
- Other information services, 142.2, 5.02%
- Computer systems design and related services, 1473.3, 2.93%