US loses 400,000 IT jobs
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America saw 403, 300 hi-tech jobs disappear between April 2001 and April 2004. More than half the jobs lost were lost after the recession was pronounced officially over, by the National Bureau of Economic Research, in November 2001.
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US businesses added 96,000 jobs to payrolls in September, the government has reported, a weaker-than-expected total that is expected to sharpen a presidential debate later in the day over the economy&#39;s direction.
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Nortel Networks will lay off about 1,400 employees in the US and about 950 in Canada, with those employees to be notified by the end of June 2005.
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The number of Americans filing initial claims for jobless aid unexpectedly plunged 48,000 last week, the largest drop in more than three years, according to a government report on Wednesday that suggested job market conditions may be improving.
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The U.S. technology sector suffered another round of widespread layoffs during the third quarter, with computer firms slashing jobs most aggressively, a report said on Monday. -Reuters
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US employers added just 96,000 jobs in September, far fewer than analysts expected and a sign that the economic recovery remains weak.
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US employers hired just 96,000 workers in September, the government said on Friday in a weak jobs snapshot, the final one ahead of presidential elections that
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TORONTO Â· Nortel Networks Corp. gave details of a previously announced job cut program Thursday, saying it is cutting 1,400 in the United States by next June.
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DECEMBER 08, 2004  - Some 40,000 computers in the UK&#39;s Department for Work and Pensions (DWP) were unable to access their network last month when an IT technician erroneously installed a software upgrade.
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Gartner researchers believe that as many as 50% of the IT operational jobs in the U.S. could disappear over the next two decades because of coming improvements in data center technologies.
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The information technology industry lost 403,300 jobs from the start of the recession in March 2001 to April 2004, with nearly half of those jobs disappearing after the recession&#39;s official end, according to a new study.
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London equities lost ground after the release of worse-than-expected US employment data.
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Half of the technology job losses since 2001 have come since the recession officially ended.
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The U.S. Forest Service is cutting the equivalent of 500 full-time IT jobs as part of a reorganization of its IT department.
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US employers added 96,000 jobs last month, a tepid performance that disappointed Wall Street markets but was strong enough to keep the unemployment rate from rising above 5.4 percent.
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TORONTO -- Nortel Networks yesterday gave details of a previously announced job cut program, saying it is cutting 1,400 positions in the United States by next June.
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By Frank Norton, The News & Observer, Raleigh, N.C.  Jun. 2--For some tech workers, the bust is back.   Technology companies -- including several with major North Carolina operations: IBM, Lenovo and Dell -- are trimming their U.S.