IT Workers Cushioned From US Economic Downturn

DontLickJesus writes "According to the AP, technology has been the least hardest hit by the U.S.'s recent economic downturn. Quote: '"Overall technology employment is up in America and the wages associated with it are up," said John McCarthy, a vice president with Forrester Research.' The article goes on to say that companies realize the worth of their [IT] staff. This paired along with a recent article regarding the value of data centers when selling a company leads one to believe that the business world, while historically not fond of IT workers, is showing its true opinion of the sector."

I've been wondering

[Anonymous Coward]

...why I feel insulated from this thing... it can't last forever. More and more of our friends are starting to have problems with credit cards, mortgages, evictions, etc. etc. And here I am still blowing $300 a week on weed and doing fine. Yes I think I will check the AC checkbox now.

Do I see a plural there?

[Hognoxious]

IT Workers Cushioned From US Economic Downturn

That's good news for both of them!

Re:I disagree

[thetoadwarrior]

To be fair that is only one area out of a huge country and it might not even be true of that whole area as I assume you don't go door to door and poll ever IT worker.

Secondly, working the help desk is fairly easily stuff. Anyone can do it. In fact, the latest trend in IT is to train monkeys to do help desk work. It's even cheaper than out sourcing, keeps wages in the country and there is little difference between the monkey's performance and any other help desk technician.

Re:Bubblenomics

[Hognoxious]

This time finance people are getting smacked by bubblenomics. We all get our turn.

Please please pretty please (with cherries on top and extra sugar) let it be the lawyers next!

Re:I've been wondering

[Anonymous Coward]

...I am still blowing $300 a week on weed...
I've been wondering why I feel insulated from this thing...

Maybe because you're HIGH, moron.

Re:It's too early to say

[Tablizer]

but the ship is sinking, the brass band is playing and politicians are fighting over the deck chairs.

Gee, that would make a great movie.....oh wait.
     

Re:Bubblenomics

[Anonymous Coward]

This time finance people are getting smacked by bubblenomics.

Nothing like multimillion dollar bonuses to cushion the blow.

Finance people have driven multibillion dollar firms that have been around for decades into the ground. That takes talent. No dotcom bubble compares to this.

Re:I disagree

[DigitAl56K]

Now how about you show us some information which proves your one data point reflects the entire US economy.
You know, something tangible to refute the Labor Dept and TFA's quote from the VP & Principal Analyst of Forrester Research.

Put a ticket in.

Funny...

[ndtechnologies]

because I just lost my IT Administrator job on Tuesday...due to financial constraints at the company.

Re:Read again confused one - Democrat and Republic

[mjwx]

(Quick history check...go look up that form of government that involves the government owning all the businesses...they are definitely earning their colors as the Red Party

So Close
Time for a cow analogy

Communism
You have two cows,
the government takes both and gives you some milk.

Fascism
You have two cows,
the government takes both and sells you some milk.

Which one is more accurate.

Re:Read again confused one - Democrat and Republic

[Anonymous Coward]

I prefer Surrealism:
You have two giraffes,
the government requires you to take harmonica lessons.