A survey by the Information Technology Association of America has found that the number of US technology workers fell 5% last year, a loss of 530,000 jobs. Analysts disagree on prospects for next year, with some predicting a flat to stable job market and others predicting that employers will make up for the lost jobs as firms begin to purchase more computers and software that require support staff. A separate study, by Information Week magazine, also found that salaries for technology workers fell 11% last year.
See "For Techies, Some Hope Amid Gloom", Carrie Johnson, The Washington Post, May 5, 2002