If you're thinking the economy is doing very poorly right now, I would argue that you have given in to the media and political hype. Are we experiencing record growth and prosperity? Obviously no, there are parts of the economy and country suffering right now, like housing, and banking. Those industries are suffering a 100-year flood like IT did in 2001 after the boom ended. But the rest of the economy, not so bad; particularly for professions and especially skilled IT professionals.
Take this quote from the August Vetjobs.com newsletter I receive:
On the economic front, the American economy's growth accelerated in the second quarter to a 1.9% annual rate. This means the United States is definitely NOT in a recession, although many politicians would have you believe we are in a recession. Remember, we are in a political year, and politicians are quick to make inflammatory statements, irrespective of the truth of the situation. To be in a recession, we have to have two quarters of negative growth. That has not happened. ...
Unemployment has climbed to 5.7%, which is seven-tenths of a percent above normal unemployment, a far cry from the 7% to 14% unemployment rates of real recessions in the recent past. ... Since December, 463,000 jobs have been lost. But the outlook brightens when you look at the 2001 recession where 300,000 jobs were lost in just one month! We are losing jobs but at a decreasing rate. The economy is anemic, but is not in a recession.
Good to hear.
Need more proof? Take my company as an example. We are definitely hiring, especially on my team. We have open job reqs for a Security Operations Engineer, IP Telephony and Telecom Operations Engineer, and Security Design Engineer. All three are in the RTP, NC area and are great positions. Hard work, good technology, and great people (the pay is good too). ;-) If you're interested or know someone who would be, e-mail me.
So, while the media and politicians might be saying things are terrible, if you have IT skills people need, there are jobs out there. Good jobs too. Keep your chin up, it's not that bad out there.
More >From the Field blog entries:
Is LISP Going to Save the Internet?
Cisco Efficiency Assurance Program
Brocade Buying Foundry...Has to be an FCoE Play
Go to Cisco Subnet for more Cisco news, blogs, discussion forums, security alerts, book giveaways, and more.
Michael Morris is a communications engineering manager at a $3 billion high-tech company. His background is in enterprise WANs working with telcos, and developing large-scale routing designs. He has worked on networks at government and corporate organizations, including networks at two Fortune 10 companies. In his current role, he leads large-scale IT networking projects and develops and maintains architectural standards for data networks, storage area networks, IP Telephony, and security. Michael is a CCIE and has 11 years experience in networking and communications, including four years as a paratrooper in the U.S. Army. He has a bachelor's degree in MIS from the University at Buffalo. Recently, he was awarded the Network Professional Association® (NPA) Professional Excellence and Innovation Award for his work on network architecture, templates and enterprise MPLS design.
The opinions expressed in this Weblog are those of the writer and may not represent the opinions of Network World.
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There are jobs online
Despite the stats, I see thousands of high paying jobs posted on various employment sites:
http://www.linkedin.com
http://www.indeed.com
http://www.realmatch.com
Seek and ye shall find!
More to My Point
http://news.yahoo.com/s/ap/20080828/ap_on_bi_go_ec_fi/economy_33
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