donzelion

Unemployment Abounds - But Not for IT and Management Consultants

I concur with Moon (partially) - IT is an excellent indicator of the market, but not always an easy one to read. What I'm seeing is big growth in the "in-house/outsource" model: small, self-owned "consultancies" made up of former employees of the big tech firms who start up their own businesses, often unwillingly, and who subcontract for the big players (effectively doing the same job, but without added costs to the big player for HR, health care, or other administrative overhead).

Such is the way of things in the IT sector: big companies are farms for new companies (Google, HP, IBM, even Nortel became farms for hundreds of small/mid-sized enterprises with revenues under $5 mill/year, and provide a stable of subcontractors).