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Tech Industry Doubles Growth; Communications Services Rebounds

by
Elaine Rigoli
Sep 29, 2006, 12:53 pm ET

The number of U.S. tech jobs jumped 140,000 between January and June, a 2.5% rise, for a total of 5.81 million. This is nearly double the 78,900 tech jobs added in the first half of 2005 and the strongest job growth of any six-month period since 2001, according to an analysis of U.S. Bureau of Labor Statistics data by the technology trade association AeA.

January to June tech-job growth lags that of the private sector overall, which rose by 3.5% in the same period.

Technology manufacturers added 33,100 net jobs in the United States in the first half of 2006, for a total of 1.37 million jobs, a 2.5% increase, the second consecutive year that high-tech manufacturing is seeing net job growth.

The report also highlights that the high-tech services sectors (communication, software, engineering, tech services) added 107,000 net jobs over the same time-period for a total of 4.44 million jobs, a 2.5% rise. The communications services sector saw its first net job growth since 2000, up 12,700 jobs, or 0.9%, from January to June.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

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