New England Malayalee Association’s blog

February 19, 2009

Where are the jobs?

Filed under: News — nemausa @ 4:20 pm
Tags: , ,

Here’s the trend of job opportunities across various industry segments. But the available opportunities is much smaller than previous years.


Even so, IT job listings are down 43 percent from a year ago. Again, healthcare is holding up the best with only an 8 percent decline. Job postings in banking and financial services are down 48 percent (to 144,569), and media and newspaper job listings are down 47 percent (with only 24,104 postings)[Read the whole article in TechCrunch].

Also, here’s the trend of accelerated trend of Tech layoffs. The article also gives company wise breakup of layoffs.

Layoffs in the tech sector are accelerating.  It took exactly three weeks for tech layoffs to surge to 300,000, according to our Layoff Tracker. Since late January, when the tracker hit 200,000 layoffs, another 100,000 job eliminations have been announced or completed. In contrast, it took five weeks for layoffs in the tech industry to hit the 200,000 mark, and four months for layoffs to hit 100,000 last December. The total number of layoffs since we began tracking since the financial crisis began in late August is 300,093[Tech layoffs surge to 300000].


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