12.29.2006

40% Growth by 2014

"The computer systems design and related services industry grew dramatically throughout the 1990s, as employment more than doubled. And despite recent job losses in certain sectors, this remains one of the 25 fastest growing industries in the Nation. Wage-and-salary employment is expected to grow 40 percent by the year 2014, compared with only 14 percent growth projected for the entire economy. Given the rate at which the computer systems design and related services industry is expected to grow and the increasing complexity of technology, job opportunities will be favorable for most workers. The best opportunities will be in professional and related occupations, reflecting their growth and the continuing demand for higher level skills to keep up with changes in technology. However, employment growth will not be as robust as it was during the last decade due to increasing productivity and offshore outsourcing of some job functions to lower wage foreign countries."

On a down note (see my earlier posting):
"Only about 6 percent of the workers in computer systems design and related services firms work part time, compared with 16 percent of workers throughout all industries. Many workers in this industry work more than the standard 40-hour workweek—about 1 in 5 work 50 or more hours a week. For many professionals and technical specialists, evening or weekend work is common to meet deadlines or solve problems. "


Much, much more: http://www.bls.gov/oco/cg/cgs033.htm

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