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	<title>AllThingsD &#187; Bureau of Labor Statistics</title>
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		<title>CA Says "See Ya" to 1,000 Employees</title>
		<link>http://allthingsd.com/20100406/ca-says-see-ya-to-1000-employees/</link>
		<comments>http://allthingsd.com/20100406/ca-says-see-ya-to-1000-employees/#comments</comments>
		<pubDate>Tue, 06 Apr 2010 18:01:52 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=38362</guid>
		<description><![CDATA[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.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/11/LAYOFFS_BOBS_THUMB1.jpg" alt="LAYOFFS_BOBS_THUMB" title="LAYOFFS_BOBS_THUMB" width="150" height="109" class="alignright size-full wp-image-28332" />According to a <a href="http://www.bls.gov/news.release/jolts.toc.htm">new report from the Bureau of Labor Statistics</a>, layoffs are declining. Sadly, that’s not the case at CA (CA)&#8211;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. Driving the cuts: CEO Bill McCracken’s need to make CA &#8220;leaner, more focused, more competitive and more effective&#8221; in its execution.</p>
<p>&#8220;As difficult as they are, these actions are necessary to focus our skills and investments on those activities that support our corporate strategy and have the greatest impact on our performance, growth and customer loyalty,&#8221; <a href="http://blogs.barrons.com/techtraderdaily/2010/04/06/ca-cutting-1000-jobs/">McCracken said in an all-hands memo</a>.  </p>
<p>&#8220;The industry and the market are changing, and we have to change, tooI&#8230;,&#8221; the CEO added. &#8220;It’s not enough to accelerate our growth. Our objective is profitable growth. You can never cut your way to growth. And I recognize that the actions we’re taking are difficult. But in the end, they will make CA stronger and more competitive.&#8221;</p>
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		<title>Silicon Valley Tech Workers Earning Less Than in 2000</title>
		<link>http://allthingsd.com/20100203/silicon-valley-tech-workers-earning-less-than-in-2000/</link>
		<comments>http://allthingsd.com/20100203/silicon-valley-tech-workers-earning-less-than-in-2000/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 09:00:34 +0000</pubDate>
		<dc:creator>Cari Tuna</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=20854</guid>
		<description><![CDATA[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.]]></description>
			<content:encoded><![CDATA[<p>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.</p>
<p>High-tech employees in Silicon Valley – including semiconductor, computer and software makers, Internet workers and scientific-research-and-development workers, among others&#8211;earned $130,700 per person in 2009, based on annualized wage data from the first half of last year, compared with $120,100 in 2000, according to the Bureau of Labor Statistics.</p>
<p>But adjusted for inflation, such workers made just $105,500 apiece in 2009 based on annualized data, or 12.2 percent less than those in 2000, the BLS said Tuesday as it released a report on trends in high-tech wages and employment since the dot-com area.</p>
<p><a href="http://blogs.wsj.com/digits/2010/02/02/silicon-valley-tech-workers-earning-less-than-in-2000/?mod=rss_WSJBlog&#038;mod=">Read the rest of this post on the original site</a></p>
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		<title>Career Advice: Stay Away From Chip Making, Wired Phone Service…And Newspapers</title>
		<link>http://allthingsd.com/20091215/career-advice-stay-away-from-chip-making-wired-phone-service%e2%80%a6and-newspapers/</link>
		<comments>http://allthingsd.com/20091215/career-advice-stay-away-from-chip-making-wired-phone-service%e2%80%a6and-newspapers/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 22:44:17 +0000</pubDate>
		<dc:creator>Eric Savitz</dc:creator>
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		<guid isPermaLink="false">http://voices.allthingsd.com/?p=19159</guid>
		<description><![CDATA[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.]]></description>
			<content:encoded><![CDATA[<p>Planning a new career?</p>
<p>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.</p>
<p>Here’s a slightly annotated version of the list, ranked by the number of jobs expected to be lost:</p>
<ul>
<li>Department stores: Expected drop, 159,000, or 10.2 percent of 2008-year level of 1,557,000 jobs. Comment: Hello, Amazon! (AMZN)</li>
<li>Semiconductors and other electronic component manufacturing: Expected loss, 146,000 jobs, down 33.7 percent. Comment: more jobs head to Asia.</li>
</ul>
<p><a href="http://blogs.barrons.com/techtraderdaily/2009/12/15/career-advice-stay-away-from-chip-making-wired-phone-serviceand-newspapers/">Read the rest of this post on the original site</a></p>
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		<title>Crappy Times Are Here Again&#8230;</title>
		<link>http://allthingsd.com/20090306/crappy-times-are-here-again/</link>
		<comments>http://allthingsd.com/20090306/crappy-times-are-here-again/#comments</comments>
		<pubDate>Fri, 06 Mar 2009 22:00:30 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[Carl Guardino]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=14386</guid>
		<description><![CDATA[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.]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/01/2_great_depression-150x150.jpg" alt="" width="150" height="150" class="alignright size-thumbnail wp-image-11026" /><br />
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, <a href="http://www.bls.gov/news.release/empsit.nr0.htm">pushing the national unemployment rate to 8.1 percent</a>, the Bureau said Friday (see chart below). That&#8217;s its highest rate in 25 years.</p>
<p>Sad to say, things are even worse in technology&#8217;s heartland, Silicon Valley. The unemployment rate there reached 9.3 percent in January. And given today&#8217;s Bureau of Labor Statistics report, it&#8217;s likely to have gotten worse. &#8220;If the January unemployment numbers resemble a horror movie, then I fear the sequels that will be released in February and March, as they will probably be even more frightening,&#8221; <a href="http://www.mercurynews.com/news/ci_11847980">Carl Guardino, CEO of the Silicon Valley Leadership Group, told The Mercury News.</a> &#8220;The message we hear loud and clear [from CEOs] is that it is bad, and sadly, only getting worse.&#8221;</p>
<p><img src="http://digitaldaily.allthingsd.com/files/2009/03/unemp.jpg" alt="unemp" title="unemp" width="350" height="233" class="aligncenter size-full wp-image-14387" /></p>
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		<title>Econalypto: A Rightsizing Roundup</title>
		<link>http://allthingsd.com/20090127/econalypto-redux/</link>
		<comments>http://allthingsd.com/20090127/econalypto-redux/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 13:24:19 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[Mobile]]></category>
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		<category><![CDATA[1945]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=11922</guid>
		<description><![CDATA[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.]]></description>
			<content:encoded><![CDATA[<p><a href="http://digitaldaily.allthingsd.com/files/2008/12/econalypto.jpg" rel="lightbox"><img src="http://digitaldaily.allthingsd.com/files/2008/12/econalypto-202x300.jpg" alt="" title="econalypto" width="202" height="300" class="alignright size-medium wp-image-8951" /></a>With <a href="http://digitaldaily.allthingsd.com/20090127/so-much-for-ibms-lifetime-employment-concept/">IBM quietly contributing another 2,800 or so employees to the next Bureau of Labor Statistics Unemployment report</a>, this seems like a fine time to  pay respects to those who&#8217;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. &#8220;Smartsized.&#8221;</p>
<p>Sacked.</p>
<p>A quick scan of the carnage.</p>
<ul>
<li> <a href="http://digitaldaily.allthingsd.com/20090126/sprint-nextel-to-cut-8000-jobs-palms-hopes-for-a-comeback/">8,000</a> whacked at Sprint (S)</li>
<li><a href="http://digitaldaily.allthingsd.com/20090126/philips-to-release-6000-employees-into-wild/">6,000</a> let go at Royal Philips (PHG)</li>
<li><a href="http://digitaldaily.allthingsd.com/20090116/amd-putting-the-micro-back-in-advanced-micro-devices/"> 1,100</a> sacked at AMD (AMD)</li>
<li><a href="http://digitaldaily.allthingsd.com/20090114/well-motorola-picked-a-great-time-to-announce-more-layoffs/">4,000</a> adjusting to new economic realities at Motorola (MOT)</li>
<li><a href="http://digitaldaily.allthingsd.com/20090112/seagate-defrags-ceo/">3,000</a> laid off at Seagate (STX)</li>
<li>And <a href="http://digitaldaily.allthingsd.com/20090112/oracle-layoffs-hundreds-not-thousands/">a few hundred</a> at Oracle (ORCL), as well</li>
<li><a href="http://digitaldaily.allthingsd.com/20090108/there-once-was-man-named-dell-who-told-1900-workers-go-to-hell/">1,900</a> declared redundant at Dell (DELL)</li>
<li><a href="http://kara.allthingsd.com/20090122/microsoft-earnings-and-revenues-take-a-big-hit-5000-to-be-laid-off/">5,000</a> losing their jobs at Microsoft (MSFT)</li>
<li><a href="http://digitaldaily.allthingsd.com/20081212/alcatel-lucent-lets-get-small/">1,000 managers and 5,000 contractors</a> pink-slipped at Alcatel-Lucent (ALU)</li>
<li><a href="http://digitaldaily.allthingsd.com/20081209/yahoo-lets-eat-and-drink-for-tomorrow-your-jobs-die/">1,500</a> gone at Yahoo (YHOO)</li>
<li><a href="http://digitaldaily.allthingsd.com/20081204/att-announces-q4-morale-reduction/">12,000 released into the wild</a> at AT&#038;T (T)</li>
<li><a href="http://digitaldaily.allthingsd.com/20081203/adobe-announces-q4-morale-reduction/">600</a> cut loose at Adobe (ADBE)</li>
<li><a href="http://digitaldaily.allthingsd.com/20081114/sun-to-stop-christmas-from-coming/">6,000</a> aligned with the global economic climate at Sun (JAVA)</li>
<li>And at Nortel (NT) <a href="http://digitaldaily.allthingsd.com/20081110/nortel/">1,300 positions</a> cut on top of the 1,200 previously announced</li>
</ul>
<p>Grim isn&#8217;t it? Sad thing is, this is just a simple snapshot of what&#8217;s been happening in tech. According to the Department of Labor, employers in the states shed 524,000 workers in December, 2.6 million in all of 2008. That makes the last year the worst for layoffs since 1945, when 2.75 million jobs were lost.  And that&#8217;s frightening, because according to some experts, we&#8217;ll get no respite in 2009. &#8220;We are very early in the cycle,&#8221; <a href="http://www.businessweek.com/bwdaily/dnflash/content/jan2009/db20090126_509671.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis">Peter Morici, a professor at the Robert H. Smith School of Business at the University of Maryland told BusinessWeek</a>, adding that we&#8217;ve so far only seen a sliver of the job losses to come. &#8220;We are going to see the fury of the Old Testament for what we have done to the economy.&#8221;</p>
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		<title>Welcome to 1945&#8230;</title>
		<link>http://allthingsd.com/20090109/welcome-to-1945/</link>
		<comments>http://allthingsd.com/20090109/welcome-to-1945/#comments</comments>
		<pubDate>Fri, 09 Jan 2009 14:35:07 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=11025</guid>
		<description><![CDATA[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....]]></description>
			<content:encoded><![CDATA[<p><img src="http://digitaldaily.allthingsd.com/files/2009/01/2_great_depression-300x224.jpg" alt="" title="2_great_depression" width="300" height="224" class="aligncenter size-medium wp-image-11026" />The market was expecting the worst in the government&#8217;s latest monthly employment report and it was not disappointed. &#8220;Job losses were large and widespread across most major industry sectors,&#8221; <a href="http://www.bls.gov/news.release/empsit.nr0.htm">the U.S. Department of Labor&#8217;s Bureau of Labor Statistics reported Friday</a>.</p>
<p>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&#8230;.</p>
<p>Suffice to say, that&#8217;s quite a bit more than some economists were expecting. And that&#8217;s an ugly, ugly number, 2.750 million jobs lost. With the national unemployment rate rising to 7.2 percent during December, the first quarter of 2009 is also looking pretty bleak. &#8220;The job situation is ugly and is going to get uglier,&#8221; <a href="http://www.reuters.com/article/companyNewsMolt/idUKWEN227520090109"> Richard Yamarone, chief economist at Argus Research, told Reuters</a>. &#8220;There&#8217;s no reason to expect hiring anytime in the next three to six months. We are not going to see any hiring until the government steps in and acts. Talk doesn&#8217;t work.&#8221;</p>
<p>Robert Barbera, chief economist at the Investment Technology Group, was even more pessimistic&#8211;if that&#8217;s possible. “I would suspect that starting this past October and lasting through April, we will have really big job losses,” <a href="http://www.nytimes.com/2009/01/10/business/economy/10jobs.html">he told The New York Times</a>. “We are not yet near the numbers of those earlier recessions,” he added, referring to the downturns of the mid-’70s and early ’80s, &#8220;but five more months like what we have been having and we’ll be there.”</p>
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