Wireless Jobs Down Again

Crap! The telecommunications segment continues to lose jobs, declining 2,300 from May to June, and a whopping 47,100 jobs from June 2009 to June 2010, according to new U.S. Bureau of Labor Statistics.

Employment in the wireless subsector was down 2,700 jobs from May 2009 to May 2010. A total of 192,200 jobs exist in the wireless sector. On the wired telecom side, 39,300 jobs were lost from May 2009 to May; the sector now counts 597,600 jobs.

The number of people employed in the computer and electronic products sector stood at 1.097 million in June, down 33,800 from a year ago, but up 1,100 from May. Increased employment in the communications equipment and semiconductor subsectors were reasons for the increase in jobs. Employment in the computer and peripheral equipment subsector continues to decline, although communications equipment saw an increase of 500 more jobs year over year. Employment in the semiconductor and electronics components subsector was down 7,100 jobs year to year, to 367,100 jobs, but showed a monthly increase of 1,900 jobs. All figures are preliminary and not seasonally adjusted..

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About Elias Shams
I have been a serial entrepreneur in telecom and social media space for past 12 years or so. I hold a M.S. degree in Telecommunication Engineering from the George Washington University and a B.S. degree in Electrical Engineering from the University of Maryland. I’ve lived and worked in many countries and cities including London England, Tehran Iran, Bonn Germany, Paris France, Alicante Spain, Delhi India, and my favorite of all Washington, DC of great US of A. Two of the greatest Washington, DC based companies I worked for and very proud of are Yurie Systems which was sold to Lucent in 1998 for $1.23 B and telezoo.com that I founded in 1999. I am currently the founder and awesomizer @ awesomize.me

2 Responses to Wireless Jobs Down Again

  1. Probably mobile providers now aware of the fact that the mobile industry is in a transforming phase, and they have to find a new solid business model.

  2. Fred Gnuechtel says:

    Not news that I wanted to hear – but it comes as no suprise. As a technical professional in the telecomunications space, I continue to look for my next opportunity without success. I suspect that these job losses continue to be from layoffs as opposed to attrition. I am not seeing very many new job postings.

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