In its second-largest acquisition, Amazon buys the company for $970 million.
A Janco report shows a 0.27% gain in information technology jobs last month.
The job market for information technology professionals was slow in February, with total employment in the sector increasing only 0.27% when seasonally adjusted, according to Janco Associates Inc., a management consulting firm that focuses on information technology.
Janco bases its report on data from the February 2011 U.S. Department of Labor National Employment Report. The consulting firm said the I.T. sector gained 2,600 jobs last month. For the three-month period of December, January and February, the I.T. sector added 5,300 jobs. And over the last 12 months, the sector added 7,300 jobs, for a total of nearly 2.74 million positions.
“The data for the I.T. sector shows continued stress in telecommunications with a loss of 43,700 jobs in the past 12 months, which is countered with a growth of 48,500 jobs in computer system design and related services,” says Victor Janulaitis, Janco’s CEO. “The overall growth of the 7,300 jobs is not enough to cover the recent college graduates and does not bode well for the Class of 2011.”
Here are Janco’s I.T. employment figures broken down into four sectors, with seasonally adjusted February 2011 jobs in each category in thousands followed by percentage change from February 2010:
• Telecommunications: 874.9, -4.76%
• Data processing, hosting and related services: 237.5, -3.10%
• Other information services, 148.1, 7.32%
• Computer systems design and related services, 1476.1, 3.40%