6 posts and columns on Bureau of Labor Statistics

CA Says “See Ya” to 1,000 Employees

in News on April 6, 2010 at 11:01 am PT

According to a new report from the Bureau of Labor Statistics, layoffs are declining. Sadly, that’s not the case at CA–or Computer Associates, as it was once known. The software company is sacking 1,000 employees, about eight percent of its staff, according to a filing Tuesday with the Securities and Exchange Commission.
LAYOFFS_BOBS_THUMB

Silicon Valley Tech Workers Earning Less Than in 2000

in News on February 3, 2010 at 1:00 am PT

While some of the latest government wage data appears to show that Silicon Valley’s high-tech workers are making more now than they did in 2000, a closer look at the numbers shows that’s not exactly the case.

Career Advice: Stay Away From Chip Making, Wired Phone Service…And Newspapers

in News on December 15, 2009 at 2:44 pm PT

Planning a new career? Before making a decision, you might want to take gander at a list published a few days ago by the Bureau of Labor Statistics on the 10 industries likely to see the largest employment decline over the next decade. I mention this here on the TTD blog because it includes several entrants with direct bearing on the tech industry.

Crappy Times Are Here Again…

in News on March 6, 2009 at 2:00 pm PT

Another grim report from the U.S. Bureau of Labor Statistics today shows the job market slipping closer still to the grim levels it reached in 1982. The country lost 651,000 jobs in February, pushing the national unemployment rate to 8.1 percent, the Bureau said Friday. That’s its highest rate in 25 years.

Econalypto: A Rightsizing Roundup

in News on January 27, 2009 at 5:24 am PT

With IBM quietly contributing another 2,800 or so employees to the next Bureau of Labor Statistics Unemployment report, this seems like a fine time to pay respects to those who’ve gone before them. And there are many. In the past six months, thousands of workers have been right-sized and offboarded. Rebalanced and rationalized. “Smartsized.” Sacked. A quick scan of the carnage.

Welcome to 1945…

in News on January 9, 2009 at 6:35 am PT

The market was expecting the worst in the government’s latest monthly employment report and it was not disappointed. “Job losses were large and widespread across most major industry sectors,” the U.S. Department of Labor’s Bureau of Labor Statistics reported Friday. The U.S. economy lost 524,000 jobs in December, closing out the worst year for job attrition since World War II, according to the BLS. Total job losses for 2008: 2.6 million, the largest decline since 2.750 million jobs were lost in 1945. A 16-year high. Congratulations, folks….