What’s happening to the Telecom Jobs?


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.

Overall, the telecom unemployment rate inched up month over month from 9% to 10.1% in July. Year over year, however, the unemployment rate stayed flat. The number of jobs in the wireless subsector creeped up about 1,000 year over year and month over month to 193,100 positions in June. These figures lag by a month. The unemployment rate nationwide remained steady at 9.5%, although payroll employment dropped by 131,000 jobs.

advertisement

A total of 16% of telecom workers belonged to unions in 2009, according to the labor bureau. A push is under way by the Communications Workers of America to form a union for employees at T-Mobile USA Inc., similar to the union that is organized at German parent Deutsche Telekom AG. According to the CWA, German organizers met with House Speaker Nancy Pelosi and Federal Communications Commission Chairman Julius Genachowski in late July to talk about organizing T-Mobile USA workers, and labor rights issues at Deutsche Telekom.

Feel free to follow me on LinkedIn | Facebook | Twitter

Bookmark and Share

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

3 Responses to What’s happening to the Telecom Jobs?

  1. I thought the boom in Internet was supposed to translate to more jobs in IT and Telecom space.

    Was that before or after the Internet bubble burst? 😉

    People are too smart to need IT workers these days – and what do we need Telecom workers for if we all switch to smart phones and pads? All the software is becoming free or dirt cheap and once organizations move into the clouds, organizations won’t need servers or the admins that go with them.

    I don’t think anyone can predict the future of IT or Telecom anymore. Technology is dramatically changing with each passing year. Workers need to be prepared to be thrown overboard without a life jacket as the technology speedboat picks up momentum with new and innovative ideas that require less people to install, operate and maintain. People need to expand their skill set so they don’t just have one trick up their sleeve.

    The next big paradigm shift people need to prepare for, in not just the IT and Telecom industries, are humanoid robots. Maybe not in the next 5-10 years, but definitely in the next 10-20 (okay, maybe 15-25). Once it makes more sense to buy a robot than to hire an employee, this little down turn will seem like nothing. It’s already happening in the manufacturing industries. Just wait until it starts happening the the service industries.

  2. Actually I do not think that telecom boom is over. There are several networking companies stand in row, mobile technology is improving. Yes, it is true that still telecom industry is going from some changes. But companies will start hiring soon.

  3. What telecom job are you refering to?
    I have recruitments for Telecom Engineers for Libya

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: