Ed Driscoll


I.T. WORK FORCE SET TO GROW, Reuters says:

The outlook for hiring in information technology jobs — one of the hardest hit sectors in last year’s downturn — was starting to improve even as the national unemployment rate touched its highest level in more than 7-1/2 years, a report released on Monday said.

Hiring managers report they will attempt to fill 1.1 million information technology jobs in the next 12 months, according to the report by the Information Technology Association of America industry group.

All signs point to an economic recovery, after an extremely mild recession (which some economists have argued wasn’t a recession at all). So when will the stock market start reflecting this upturn? Or is its ability to be a leading economic indicator on the fritz these days?