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erronis

(24,533 posts)
Mon Aug 4, 2025, 01:21 PM Aug 2025

IT firing spree: Shrinking job market looks even worse after BLS revisions -- The Register

https://www.theregister.com/2025/08/04/it_job_market_july/

The payroll growth we thought we experienced in May and June? Gone, like tears in the rain

The US IT jobs market hasn't exactly been robust thus far in 2025, and downward revisions to May and June's Bureau of Labor Statistics data mean IT jobs lost in July are part of an even deeper sector slowdown than previously believed.

The Bureau of Labor Statistics reported relatively flat job growth last month, but unimpressive payroll growth numbers hid an even deeper reason to be worried: Most of the job growth reported (across all employment sectors) in May and June was incorrect.

According to the BLS, May needed to be revised down by 125,000 jobs to just 19,000 added jobs; June had to be revised down by even more, with 133,000 erroneous new jobs added to company payrolls that month. That meant just 14,000 new jobs were added in June.

"Adjustments at those levels of magnitude are not acceptable from any organization," IT management consulting firm Janco said of the May and June modifications. Janco blamed the modifications on "poor data capture, poor infrastructure, incompetence, or political gerrymandering," but regardless of the cause, it means that the IT job market is looking decidedly less healthy than it did a month ago.

. . .
In other words, amid economic instability and AI inflation, landing a good IT job is tougher than ever unless you know how to engineer a good prompt. ®
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IT firing spree: Shrinking job market looks even worse after BLS revisions -- The Register (Original Post) erronis Aug 2025 OP
Not to hildegaard28 Aug 2025 #1

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