It seems like the headlines are more and more depressing each day. Layoffs, stock market drops, budget deficits, etc. Heck, even my friends in the ever-optimistic Silicon Valley are bummed out.
Yeah, it's looks pretty gloomy, but it's important to remember that the economy isn't binary-- different industries are feeling the pain in different ways. ESG Research recently compared internal data on 2009 IT budget changes by industry with external data from the U.S. Bureau of Labor Statistics Employment Situation Summary from February 2009. This comparison uncovers some interesting trends:
Three industry sectors will experience employment … Read more