Tuesday, July 27, 2021

U.S. Tech Firms Add Jobs Despite Automation

Computerworld: Two new research reports have shed light on the trends impacting IT hiring. The first report from the National Science Foundation finds that high-tech manufacturing employment in the U.S. has declined 28 percent since 2000, costing the country 687,000 jobs.

However, a separate report from Forrester Research found that the U.S. tech sector employed 3.2 million people at the end of 2011. That’s a net increase of 42,000 jobs from the previous year. Much of that increase came from the 131,000 new jobs in the IT services and software development fields. The report said those job increases could have been event higher, but companies are choosing to spend money on automation to improve productivity rather than increasing head counts. “Rather than add capacity, in the form of more workers, they are choosing to put their cash flow into technology to reduce cost,” said Forrester’s Andrew Bartels.

Similar articles

Latest Articles

Data Science Market Trends...

When famed mathematician John W. Tukey postulated that advanced computing would have a profound effect on data analysis, he probably didn’t imagine the full...

Data Recovery Market Trends...

Data recovery is more important than ever in this era of constant cyber attacks and ransomware. The Verizon Data Breach Investigations Report (DBIR) looked...

Trends in Data Visualization

In a world of big data, visualization is becoming a key skill set that every business must master.  Digital technology has transformed the way businesses...

Microsoft Data Portfolio Review

With a host of analytics services for almost any situation, Microsoft Azure’s data services have got just about every base covered.   In the world...