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The Voice of the DBA The Talent Crunch

MEVIOtoday

Aug 22, 2011 The Talent Crunch

Is it a good time to be in the technology business? I think so, as the US unemployment rate stands at just above 9%, but the rate in IT is listed as about 4%. There might be some errors in how they are classifying and counting IT jobs, and the unemployment is not evenly distribute across the US, but that still seems like a significant difference. As a comparison, much of the medical profession is similarly employed, as are teachers (yeah!), but construction trades are showing > 20% unemployment.

Not only are there lots of jobs in the technology area, but overall technology pays a much higher salary (or wage) than many other industries. Whether you think you are paid well or not, peruse some other professions on Dice, Monster, or another job board and compare salaries. Keep in mind the US median income is $48k, meaning half the people make more and half make less. I suspect most IT workers are in the "more" side of that range.

 

Read the rest of "The Talent Crunch" at SQLServerCentral.