Tech States Still Hiring for IT Jobs

By Lisa Vaas  |  Posted 2008-03-18 Print this article Print

The technology industry seems impervious to the economic woes plaguing other industries.

Talk of recession is at fever pitch, fanned by the news that the august Wall Street investment bank Bear Stearns went belly-up on March 14. With sluggish hiring, spiraling fuel costs and the mortgage foreclosure crisis gripping the nation, it would seem to be only common sense to say that IT is one of many industries looking at hard times.

But is that fear justified? Upon inspection of recent economic indicators, it seems that the technology industry is somewhat immune to the turmoil plaguing other industries.

On March 5, the Federal Reserve put out a report (click here for the PDF) that did, in fact, find economic growth to be sluggish in two-thirds of the 12 Federal Reserve districts it surveys, with rising food, energy and materials costs putting pressure on growth and slower hiring in various sectors.

Read the full article on eWEEK's Midmarket site.

Lisa Vaas is News Editor/Operations for and also serves as editor of the Database topic center. Since 1995, she has also been a Webcast news show anchorperson and a reporter covering the IT industry. She has focused on customer relationship management technology, IT salaries and careers, effects of the H1-B visa on the technology workforce, wireless technology, security, and, most recently, databases and the technologies that touch upon them. Her articles have appeared in eWEEK's print edition, on, and in the startup IT magazine PC Connection. Prior to becoming a journalist, Vaas experienced an array of eye-opening careers, including driving a cab in Boston, photographing cranky babies in shopping malls, selling cameras, typography and computer training. She stopped a hair short of finishing an M.A. in English at the University of Massachusetts in Boston. She earned a B.S. in Communications from Emerson College. She runs two open-mic reading series in Boston and currently keeps bees in her home in Mashpee, Mass.

Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters

Rocket Fuel