Between the first to second quarter of this year, the unemployment rate of computer hardware engineers went from 4.4% to 0.5%. For software developers, the unemployment rate shrank from 3.6% to 2.5% over the same period.
IT Employment Picture
However, for computer support specialists, the unemployment rate over the two quarters rose from 7.1% to 8.2%.
The entire job market in the US did increased by 96,000 jobs in August, but troubling was the fall in the labor market participation rate which fell another .2% to 63.5% with 368,000 dropping out of the labor force. Victor Janulaitis. The CEO of Janco Associates said, Â“The year to year comparison of workforce participation shows how deep a hole we are in. Until those percentages turn around there will be little hope for a strong recovery.Â”