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As companies begin to rebound
from the recession, IT employment
opportunities are likely to increase.
Leveraging this innovation and
ongoing capitalization of growth
opportunities ensures the Jobless Rates and Education
continuous need for seasoned IT
professionals, particularly IT Although overall unemployment remains unacceptably high, the numbers to some extent are
managers. “deceptive” (The New York Times, Saturday July 3, 2010) because of the high correlation
In addition, a growing trend is the between education and employment. For example, for the past three quarters, the
need for business-savvy unemployment rate for people 25 years old and over with a bachelor’s degree or higher has not
technologists who can readily gone above 5.0 percent, while the rate for people with less than a high school diploma exceeded
demonstrate the value of IT as a 15.0 percent. Since 2000, the unemployment level for college graduates has averaged 2.6
strategic business enabler. This
further solidifies the growing
percent.
demand for IT professionals in what Unemployment Rate
is otherwise a less than favorable
employment environment. Educational Attainment April 2010 May 2010 June 2010
-- Louis A. Trebino, Jr. No high school diploma 14.7 15.0 14.1
Senior VP & CIO High school graduates, no college 10.6 10.9 10.8
The Harry Fox Agency, Inc. Some college or associate degree 8.3 8.3 8.2
HFA is the premier mechanical Bachelor’s degree and higher 4.9 4.7 4.4
licensing agency for the music industry
in the U.S. http://Data.bls.gov/
Nicholas Negroponte
Co-founder and Director,
MIT Media Laboratory
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devices will make
entertainment-on-demand
a force to be reckoned
with among mass-
entertainment providers….
Categories showing smaller gains include Database Administrators, at 14 percent, and Network
• Often described as Wi-Fi on Administrators, at a 16 percent increase.
steroids, WiMAX (Worldwide
Interoperability for
Microwave Access) will cover Network Administrators
entire countries with a 1.2
vibrant, high- speed wireless 1
communications network. 0.8
0.6
Internet and other data and 0.4
video applications will be 0.2
available anywhere with 0
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CONTACT INFORMATION
Sponsor and Project Oversight: Constance A. Knapp, PhD, Interim Dean, Seidenberg School of Computer Science and Information Systems
Modeling and Economic Analysis: Farrokh Z. Hormozi, PhD, Chair, Department of Public Administration, Dyson College of Arts and Sciences.
Data provided by: Henning C. Seip, SkillPROOF, Inc. www.skillproof.com
Editor: Louise P. Kleinbaum, Assistant Dean and Director of Communications, Seidenberg School of Computer Science and Information Systems
Consulting Editor: Christopher T. Cory, Pace University Executive Director of Public Information
Web Designer: Benjamin Stevens, Web Developer/Programmer, Seidenberg School of Computer Science and Information Systems