andhra_jp Posted February 8 Report Posted February 8 The unemployment rate in the information technology sector rose from 3.9% in December to 5.7% in January, well above last month’s overall jobless rate of 4%, in the latest sign of how automation and the increasing use of artificial intelligence are having a negative impact on the tech labor market. The number of unemployed IT workers rose from 98,000 in December to 152,000 last month, according to a report from consulting firm Janco Associates based on data from the U.S. Department of Labor. The department on Friday said the economy added 143,000 jobs, as the job market continued to chug along, though at a slower pace than in the prior two months. Job losses in tech can be attributed in part to the influence of AI, according to Victor Janulaitis, chief executive of Janco Associates. The emergence of generative AI has produced massive amounts of spending by tech giants on AI infrastructure, but not necessarily new jobs in IT. “Jobs are being eliminated within the IT function which are routine and mundane, such as reporting, clerical administration,” Janulaitis said. “As they start looking at AI, they’re also looking at reducing the number of programmers, systems designers, hoping that AI is going to be able to provide them some value and have a good rate of return.” The latest IT jobs numbers come as unemployment among white-collar workers remains at its highest levels since 2020, according to Cory Stahle, an economist at hiring website Indeed. Quote
Sucker Posted February 8 Report Posted February 8 We need 150K H1B every year. AI needs more engineers antunna David Sacks and Elon Anna. Fire all Shitizens and bring all new young blood on H1B antunna @JANASENA Quote
JANASENA Posted February 8 Report Posted February 8 4 hours ago, Sucker said: We need 150K H1B every year. AI needs more engineers antunna David Sacks and Elon Anna. Fire all Shitizens and bring all new young blood on H1B antunna @JANASENA Unkul pls convert to H1B urgently Quote
Sucker Posted February 9 Report Posted February 9 4 hours ago, JANASENA said: Unkul pls convert to H1B urgently CPT ki pothunna Anna Indian Shitizens theeskoni Quote
futureofandhra Posted February 9 Report Posted February 9 8 hours ago, Sucker said: We need 150K H1B every year. AI needs more engineers antunna David Sacks and Elon Anna. Fire all Shitizens and bring all new young blood on H1B antunna @JANASENA h1b bill eppudu coming Quote
Sucker Posted February 9 Report Posted February 9 9 minutes ago, futureofandhra said: h1b bill eppudu coming May to December Quote
.thumb.jpg.ce42bb16ec102475a78c2087ce269c7d.jpg)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.