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	<title>IT Career JumpStart &#187; overall employment goes a little positive for April 2010</title>
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		<title>March 2010 Employment Situation Summary</title>
		<link>http://itknowledgeexchange.techtarget.com/it-jobs/march-2010-employment-situation-summary/</link>
		<comments>http://itknowledgeexchange.techtarget.com/it-jobs/march-2010-employment-situation-summary/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 19:16:27 +0000</pubDate>
		<dc:creator>Ed Tittel</dc:creator>
				<category><![CDATA[April 2010 employment situation summary]]></category>
		<category><![CDATA[BLS April 2010 situation summary]]></category>
		<category><![CDATA[overall employment goes a little positive for April 2010]]></category>

		<guid isPermaLink="false">http://itknowledgeexchange.techtarget.com/it-jobs/?p=712</guid>
		<description><![CDATA[Today&#8217;s the first Friday in a new month, so the US Bureau of Labor Statistics regales us with the previous month&#8217;s &#8220;Employment Situation Summary.&#8221; Once again, the big numbers show little sign of advance or retreat&#8211;gross unemployment continues to hold steady at 9.7 percent&#8211;but I see other signs of improvement and encouragement, even though the [...]]]></description>
				<content:encoded><![CDATA[<p>Today&#8217;s the first Friday in a new month, so the US Bureau of Labor Statistics regales us with the previous month&#8217;s &#8220;<a href="http://www.bls.gov/news.release/empsit.nr0.htm" target="_blank">Employment Situation Summary</a>.&#8221; Once again, the big numbers show little sign of advance or retreat&#8211;gross unemployment continues to hold steady at 9.7 percent&#8211;but I see other signs of improvement and encouragement, even though the IT sector lost 12,000 jobs in March.</p>
<p>Why do I say this? Let me share some other numbers with you&#8211;namely job gains and (losses) for March on a sector-by-sector basis. Only three sectors were down in March (IT among them, alas) while all nine other sectors were at least slightly up for the month. With a strong majority of employment sectors finally showing job growth  (though plenty of individual numbers are still in the red, as <a href="http://www.bls.gov/news.release/empsit.t17.htm" target="_blank">Table B-1: Employees on nonfarm payrolls by industry sector and selected industry detail </a>will attest), it appears that we are finally turning a corner on the overall employment situation.</p>
<p>Here&#8217;s a quick summary of those numbers (positive numbers are unadorned, negative numbers are in parentheses):</p>
<table border="2" cellspacing="3" cellpadding="3" width="600">
<thead>
<tr>
<th>Sector</th>
<th>Net Chg</th>
<th>Sector</th>
<th>Net Chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mining &amp; Logging</td>
<td align="right">9,000</td>
<td>Construction</td>
<td align="right">15,000</td>
</tr>
<tr>
<td>Manufacturing</td>
<td align="right">17,000</td>
<td>Private Svc-providing</td>
<td align="right">82,000</td>
</tr>
<tr>
<td>Utilities</td>
<td align="right">(300)</td>
<td>Information</td>
<td align="right">(12,000)</td>
</tr>
<tr>
<td>Financial Activities</td>
<td align="right">(21,000)</td>
<td>Professional &amp; Business Svcs</td>
<td align="right">11,000</td>
</tr>
<tr>
<td>Education &amp; Health Svcs</td>
<td align="right">45,000</td>
<td>Leisure &amp; Hospitality</td>
<td align="right">22,000</td>
</tr>
<tr>
<td>Other Services</td>
<td align="right">6,000</td>
<td>Government</td>
<td align="right">39,000</td>
</tr>
</tbody>
</table>
<p>Although none of the numbers even begins to put a dent into our overall unemployment, it&#8217;s a welcome novelty to see so many of them in positive territory. It&#8217;s not enough to move the overall unemployment figure by even one-tenth of a percent (which translates into 157,000 people or so), but it&#8217;s still nice anyway.</p>
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