[Hack In The Box]Volatility Roiling IT Job Market, Report Finds

U.S. employment numbers released Friday by the Department of Labor’s Bureau of Labor Statistics (BLS) revealed a net loss of 100 IT-related jobs in May following April's 8,800 overall job gain. With job numbers in five bellwether IT job segments in the BLS also in negative territory in March---following three straight months of gains (December 2009/January-February 2010)---research firm Foote Partners warned it is looking like volatility would define the U.S. IT job market for months to come. Follow net gains of 1,100 and 1,000 jobs respectively in March and April and a total of 16,800 new jobs from September to December 2009 in the Management and Technical Consulting Services segment, a net loss of 700 jobs were reported for last month. Moreover, 8,300 jobs were lost in January and February. Foote noted further indication of volatility in IT services jobs could be found in the Computer Systems Design/Related Services category: Following a total gain of 24,000 jobs from October 2009 to February 2010, net losses of 5,800 jobs in March and 300 jobs in May bookended a brief rally of 7,300 jobs in April.

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