NOTE: Entries on these pages contain excerpts from the news stories or external pages to which the entry is linked.

Discouraged

    

Technology sector workers in the United States are feeling less bullish about the job market, according to a new study.

Staffing firm Hudson said on Wednesday that its index of information technology workers' confidence in the job market slid in September, after having risen from May to August. Among other findings, Hudson's report discovered a dip in the portion of IT workers who see their personal finances improving. In August, 51 percent of IT workers said their personal finances were "getting better these days." That figure fell to 42.5 percent in September.

Confidence in the job market among U.S. workers overall also dropped in September, according to Hudson. IT worker optimism remained higher than that for workers generally.

The report comes amid conflicting signs about the job situation for technology professionals, who have been struggling to recover from major job cuts in recent years and who also face the threat of offshore outsourcing.

Technology services companies say they're hiring, and unemployment rates have dropped for tech workers. But so have the numbers of people employed in technology occupations--suggesting that some workers may be leaving the field, possibly because they're discouraged.

» Study finds IT worker confidence slipping | CNET News.com

Excerpt made on Friday October 08, 2004 at 07:14 PM



This discussion has been closed. No more comments may be added.

« « BACK TO MAIN  |  Entry Index