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Arlington Ranks the Top Region in the Nation with Biggest Increase in Employment

September 27, 2010 by Kamran Abdi Leave a comment

A new survey by MAINSTREET shows Arlington has had the biggest increase in employment in the nation. Thank you uncle Sam

The survey was collection of data from:

. U.S. Census data on a handful of metrics, broken down by metropolitan area, looked for indicators of progress in an otherwise bleak economic environment.

. Unemployment data from the Bureau of Labor Statistics, focusing on the three places with the most significant increases in employed persons, the biggest gainer in the year up to last December. Read more of this post

Filed under About DC, Business & Finance Tagged with Alachua, Arlington, austin, Biggest Increase in Employment, Bronx, Brooklyn, Bureau of Labor Statistics, Douglas, Durham, Employment, Fastest-Growing City, Federal Government, Government Contracting, Increase in Wages, Las Vegas, MAINSTREET, Raleigh, Texas, unemployment

What’s happening to the Telecom Jobs?

August 9, 2010 by Elias Shams 3 Comments

I thought the boom in Internet was supposed to translate to more jobs in IT and Telecom space. I guess not.

The telecommunications sector lost nearly 50,000 jobs since July of last year, including 5,800 jobs lost just last month alone. The U.S. Bureau of Labor Statistics counted 919,400 jobs in the sector in July.

The computer and electronics products segment remained flat month over month, increasing 1,100 jobs, but still down 23,800 jobs from the year-ago period to an overall job count of 1.1 million jobs. Most of the nearly 24,000 job losses from July 2009 to July 2010 came from the electronics instruments sub-category. Read more of this post

Filed under Jobs Tagged with internet, it jobs, job cut, job loss, Jobs, telecom jobs, telecommunications, U.S. Bureau of Labor Statistics, unemployment

Unemployment Rates Drop in Washington, D.C area, still problem with Housing

June 22, 2010 by Elias Shams Leave a comment

Just to add a few more notes to my last week article on nationwide unemployment rates, it looks like the economy is definitely making turns for the better, as markets open up more, and good reports come out. When you look at the economy more closely into specific markets, then you may get a slightly different picture.

Washington D.C. area including Maryland and Virginia saw a drop in their unemployment rates.

State	May 2010 Jobless Rate	April 2010 Jobless Rate	Month-to-Month Change	Year-to-Year Change
Awesome Washington, DC	10.4%	11.0%	-0.6	0.7
Maryland	7.2%	7.5%	-0.3	0.2
Virginia	7.1%	7.2%	-0.1	0.3

Unemployment Rates by State – Still sucks

June 19, 2010 by Elias Shams 12 Comments

The jobless rate in 37 states and Washington, D.C. fell in May compared to the prior month, as the nation’s unemployment rate fell to 9.7%, the Labor Department said Friday. Meanwhile, six states saw unemployment rate increases, while the rate was unchanged in seven other states.

Even more states tracked gains in payrolls. Nonfarm payrolls increased in 41 states as well as Washington, D.C., while they dropped in just five states.

While the latest state data confirms that the labor market is improving across a broad swath of the country, there’s still a long way to go before employment returns to pre-recession levels. The vast majority of states, 31 and Washington, D.C., still have higher unemployment rates this May than they did a year ago. Read more of this post

Filed under About DC, Jobs Tagged with . Michigan, Alabama, Alaska, Arizona, Arkansas, awesome dc, California, Colorado, Connecticut, DC, Delaware, District of Columbia, Employment, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, unemployment, unemployment rate, unemplyment in america, US economy, Utah, Vermont, Virginia, washington, Washington DC, West Virginia, Wisconsin, Wyoming

Telecom Sector Shedding Jobs Big time

June 8, 2010 by Elias Shams 6 Comments

Crap! The sector that I put my soul into it from 1986 till early 2000, telecom sector is shedding jobs. Thank God I switched focus from telecom to Internet and social media once I left Yurie and started my first Internet company, Telezoo. My heart still belongs to telecom though. I’ve been doing my best to keep myself up-to-date with the latest innovation in the space

The telecommunications sector had 4,600 fewer jobs in May than in April, employing 929,500 positions in May. However, the year-over-year employment figures show a loss of 47,800 jobs since May 2009 – a nearly 4.9% increase, according to new U.S. Bureau of Labor Statistics.

Drilling down a little further, it appears that most of those job losses occurred in the wireline segment. From April 2009 to April 2010, 60,000 jobs were lost in the wireline category. (Those statistics lag a month behind the overall category segment so April statistics are the most recent available. Also, the figures are not seasonally adjusted.) In the wireless subsector, 200 jobs were lost from April 2009 to April 2010. The wireless sector accounted for 194,200 jobs in April 2010. Read more of this post

Filed under Uncategorized Tagged with California, Census 2010, communications equipment subsector, Computer equipment, Computer sector, down, electronic components category, Georgia, Jobs, Kansas, layoff, mass layoff, New Jersey, semiconductors, sprint Nextel, telecom, Telecom sector, telecom unemployment, telecommunications sector, telezoo, Texas, U.S. Bureau of Labor Statistics, unemployment, Verizon Communications, verizon wireless, wireless sector, wireline, wireline segment, Yurie Systems

HP to Automate Data Centers, letting Go of Thousands

June 2, 2010 by Elias Shams 12 Comments

HP will spend $1 billion to automate much of its data center technology, resulting in the elimination of 9,000 jobs over the next few years, according to their Press Release that went out yesterday. The company said the move will provide new offerings and improved service delivery to clients of its Enterprise Services business — launched last year following its $13.9 billion acquisition of EDS. Read more of this post

Filed under Business & Finance Tagged with Automation, commercial data centers, cutting jobs, data center technology, Data Centers, EDS, Enterprise Services business, HP, management platforms, networks, tools applications, unemployment

Crap! Unemployment in Telecom was Up in April

May 11, 2010 by Elias Shams 1 Comment

by Elias Shams

This is the last thing we needed to hear in this tough economy. Believe me! I am taking no pleasure to write about this one

According to the U.S. Bureau of Labor Statistics, the unemployment rate went up to 8.7% in the telecom sector last month, following the national unemployment rate, which was 9.9%.

The telecommunications sector lost 6,700 jobs from March to April. A total of 934,500 jobs are categorized in that sector. Read more of this post

Filed under Business & Finance, Tech Tagged with communications equipment sector, computer and electronic, Computer and peripheral equipment, Employment in the wireless sector, it jobs, It sector, IT unemployment, job loss, layoffs, losing job, semiconductor jobs, telecom jobs, telecom unemployment, telecommunications carriers, telecommunications sector, U.S. Bureau of Labor Statistics, unemployment, Unemployment in Telecom, unemployment rate, Wireless, wireless jobs, wireline

Healthcare Reform to Drive Government IT spending

April 30, 2010 by Elias Shams Leave a comment

by Elias Shams
A positive and promising report by Reston-based INPUT was released yesterday that indicates a boost in IT spending and consequently the employment.

The report says the recently passed healthcare reform bill will force federal, state and local governments to invest more than $5 billion in information technology over the next five years to meet new requirements. read more…

Filed under Business & Finance, Tech Tagged with Department of Health and Human Services, Federal Government, Government IT spending, HealthCare Reform, information technology, Input, investment, IRS, IT, IT investments, IT spending, local government, Medicaid systems, Medicare systems, state government, unemployment

Washington, DC Region Added Jobs in March

April 28, 2010 by Elias Shams 6 Comments

by Elias Shams
Optimistic unemployment data were released by the U.S. Bureau of Labor Statistics last week for DC area which show our economy is beginning to turn in a positive direction. Thank God it was about time!

D.C.’s unemployment rate dropped from 11.9 percent to 11.6 percent. A year ago, the rate was 9.1 percent. D.C. added 7,900 jobs over the month. Out of that figure, about 1,800 construction jobs were injected. I am guessing they are mostly government type of jobs. read more…

Filed under About DC, Business & Finance Tagged with awesome dc, D.C. unemployment rate, DC, jobs in March, Maryland unemployment rate, U.S. Bureau of Labor Statistics, unemployment, unemployment rate, unemployment rate in DC, Virginia unemployment rate, washington

Washington D.C. Job Market Ranked Perfecto

April 27, 2010 by Elias Shams Leave a comment

by Kamran Abdi
Good News for the Washingtonians, but not much of great News for non-Washingtonians. The latest Job Market Competition Report from Indeed shows that Washington D.C. has only one unemployed per job posting, maintaining its first place position as the city with the least competition for jobs. read more…

Filed under About DC Tagged with awesome dc, d.c, dc jobs, Employment, Indeed, job Market, Job Market Competition Report, job posting, unemployment, washington, Washington DC, Washingtonians

← Older posts

Arlington Ranks the Top Region in the Nation with Biggest Increase in Employment

What’s happening to the Telecom Jobs?

Unemployment Rates Drop in Washington, D.C area, still problem with Housing

Unemployment Rates by State – Still sucks

Telecom Sector Shedding Jobs Big time

HP to Automate Data Centers, letting Go of Thousands

Crap! Unemployment in Telecom was Up in April

Healthcare Reform to Drive Government IT spending

Washington, DC Region Added Jobs in March

Washington D.C. Job Market Ranked Perfecto

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