Additional Insight into Corona Virus Related Job Losses

Since the Corona Virus Event started, The US has had over 33 million unemployment claims and lost 21.2 million jobs. First, a quick primer on why the is a 12 million difference between the unemployment claims and job losses. Unemployment claims are a hard tally. Someone had to personally file a claim to get counted. Job losses is a statistical sampling done by the Department of Labor. It relies on companies revealing their interpretation of the job loss. A furloughed job may not count as a loss. The two typically move close in tandem. Not so when there is [...]

Monthly IT and Technology Jobs Report – February 2020

 IT and Technology Jobs Report February 2020 Unemployment Rate for IT and Tech Jobs* February 2020: 2.4% January 2020: 3.0% February 2019 (last year): 2.3% Total IT and Tech Jobs* February 2020: 5,672,000 January 2020: 5,632,000 February 2019 (last year): 5,392.000 US Economy Jobs Added February 2020: 273,000 January 2020: 225,000 February 2019 (last year): 1,000 US Unemployment Rate February 2020: 3.5% January 2020: 3.6% February 2019 (last year): 3.8% Source: Bureau of Labor Statistics “The CEO Confidence Index reached 105.7 in February, a 15 month high.” Source: Vistage CEO Survey  

Monthly IT and Technology Jobs Report – December 2019

IT and Technology Jobs Report December 2019 Unemployment Rate for IT and Tech Jobs* December 2019: 2.3% November 2019: 2.4% December 2018 (last year): 2.1% Total IT and Tech Jobs* December 2019: 5,262,000 November 2019: 5,259,000 December 2018 (last year): 5,184,000 US Economy Jobs Added December 2019: 145,000 November 2019: 266,000 December 2018 (last year): 227,000 US Unemployment Rate December 2019: 3.5% November 2019: 3.5% December 2018 (last year): 3.9% Source: Bureau of Labor Statistics Q4 2019 - 27% of CEOs reported that economic conditions recently improved, up from last quarter. Source: Vistage CEO Survey    

Monthly IT and Technology Jobs Report – November 2019

IT and Technology Jobs Report November 2019 Unemployment Rate for IT and Tech Jobs* November 2019: 2.4% October 2019: 2.2% November 2018 (last year): 2.4%   Total IT and Tech Jobs* November 2019: 5,259,000 October 2019: 5,423,000 November 2018 (last year): 5,202,000   US Economy Jobs Added November 2019: 266,000 October 2019: 128,000 November 2018 (last year): 196,000   US Unemployment Rate November 2019: 3.5% October 2019: 3.6% November 2018 (last year): 3.7%   Source: Bureau of Labor Statistics 68% of small business CEOs expecting increased revenues in the year ahead, a 6-point increase from last month Source: Vistage CEO [...]

Monthly IT and Technology Jobs Report – October 2019

IT and Technology Jobs Report October 2019 Unemployment Rate for IT and Tech Jobs* October 2019: 2.2% September 2019: 2.4% October 2018 (last year): 2.1% Total IT and Tech Jobs* October 2019: 5,423,000 September 2019: 5,421,000 October 2018 (last year): 5,135,000 US Economy Jobs Added October 2019: 128,000 September 2019: 136,000 October 2018 (last year): 277.000 US Unemployment Rate October 2019: 3.6% September 2019: 3.5% October 2018 (last year): 3.8% Source: Bureau of Labor Statistics Small business confidence falls to 7-year low. 41% of small-firm CEOs said they expect the economy to worsen in the year ahead. Source: Vistage CEO [...]