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"Employ they time well, if thou meanest to get leisure." -- Benjamin Franklin| Sobering report: US Semi makers to lose 146k jobs between '08 & '18 |
| Wednesday, 27 January 2010 20:12 |
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According to a report published by the US Bureau of Labor Statistics in December. The report ranks the chip industry second highest in terms of projected job loss over the next decade, just below retail department stores. “My reaction when I saw those numbers was, ‘wow,’” said John Ciacchella, a principal and technology lead at Deloitte Consulting LLP who has been involved in the semiconductor industry for more than 20 years. “It’s a pretty big number when you put it in that context.” While there are questions about how the BLS comes up with this data, most everyone agrees that the numbers overall demonstrate a broad, and worrisome, decline in semiconductor employment in the United States. It’s no longer just manufacturing jobs. It’s also design and research jobs. And it is beginning to impact management jobs, even at the highest executive levels, according to some recruiters. The trend started a couple of years ago, and could have been accelerated by the recent severe recession. According to the report, the number of US management jobs in semiconductor and electronic component manufacturing will drop 35% in the next decade. Chief executive jobs, specifically, are projected to drop 41%. Read the entire article, and see related links on EDN. |
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