Re:Want to attract top tech talent? Offer telecommuting
by keithba on Tuesday April 19, 2011 @02:23PM
(#2463607)
Keep in mind that there's a natural unemployment rate in any economy. The natural unemployment rate is typically made up of two components: people in-between jobs and people with out-dated skills.
In programming, we'll always have (in any month) some % of workers moving from one job to another (either because they quit, the company they worked for went out of business, or they were laid off - because the company performed badly or their own poor or poorly perceived performance.)
And, in programming, there will always be some set of people who find themselves out of job because the company they were working for no longer needs their Delphi or COBOL or other outdated skill (not to say there are not jobs for those Delphi or COBOL programmers, but there are less and less of them, on average.) Those programmers have to get re-trained, etc.
These two groups make up that 4% - which is around the natural unemployment rate for the economy as a whole on average over the last 70 years (it's around 4-5).
If the unemployment rate was above this (basically at the national avg of close to 9) for programmers, then the difference would be cyclical - missing jobs based on the recession. Because it is so low, I;m wondering if it's we can conclude that programming (in today's economy, at least) is recession-proof.
In programming, we'll always have (in any month) some % of workers moving from one job to another (either because they quit, the company they worked for went out of business, or they were laid off - because the company performed badly or their own poor or poorly perceived performance.)
And, in programming, there will always be some set of people who find themselves out of job because the company they were working for no longer needs their Delphi or COBOL or other outdated skill (not to say there are not jobs for those Delphi or COBOL programmers, but there are less and less of them, on average.) Those programmers have to get re-trained, etc.
These two groups make up that 4% - which is around the natural unemployment rate for the economy as a whole on average over the last 70 years (it's around 4-5).
If the unemployment rate was above this (basically at the national avg of close to 9) for programmers, then the difference would be cyclical - missing jobs based on the recession. Because it is so low, I;m wondering if it's we can conclude that programming (in today's economy, at least) is recession-proof.