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N-deal May Support 250,000 High-Tech Jobs; InformationTechnologyCrossing Assures Bright Future for IT Professionals
September 25, 2008    |   PDF version  PDF version
Pasadena, CA  — The US Chamber of Commerce has come out in support of the Indo-US civilian nuclear deal, or N-deal, and has urged the US Congress to approve it before the close of its 110th session. The Chamber says that the resultant deal may support more than 250,000 IT jobs, and InformationTechnologyCrossing (www.informationtechnologycrossing.com), an IT job board dedicated to serving IT professionals, agrees that the deal will surely quell IT job woes to a great extent. The tech job site has been continually updating its website with the latest IT jobs daily and has managed to post more than 111,000 jobs in its database as of the third week of September. The site aspires to support the slumping job market by adding more and more IT job openings.

''The N-deal has the potential of a $150 billion investment, and if US companies are involved, a sizeable share of that investment could support 250,000 high-tech American jobs,'' says Harrison Barnes, the CEO of InformationTechnologyCrossing. ''What's more, the commercial gain would affect other sectors too, and the deal should promote good will and an optimistic job market in the long run."

According to some media reports, the US Chamber of Commerce views the N-deal as a tremendous opportunity for US companies to compete with one another. The deal is slated to support an expected 30,000 to 60,000 Mw of new nuclear generating capacity by 2030, representing a potential $150 billion of new investment, said R. Bruce Josten, the Chamber of Commerce's vice-president. He also emphasized that congressional approval of the deal was essential to allow US companies to compete with nuclear firms from other countries that have already signed deals with India.

Meanwhile, the latest quarterly report by the US Bureau of Labor Statistics has found that the number of jobs in the information technology industry has been increasing despite the economic slowdown. According to the bureau, the number of employed IT professionals increased in the second quarter by 10% as compared to the 2007 second-quarter figures. For example, Barracuda Networks, a leader in web security applications, plans to expand its research and development center in Ann Arbor, MI. The project is expected to create 351 new IT jobs, including 185 workers who will be directly employed by the company. Add to this the growing job count on InformationTechnologyCrossing, and you definitely get a rosy picture of the IT industry.

''Industries such as banking, retail, real estate, and manufacturing have faced severe job cuts in this economic downturn. However, information technology is one of the many recession-proof industries, and the number of jobs in this sector are only increasing. The only thing that IT job seekers need to know is that there are enough jobs today and that more jobs are sure to be added. They should also know where to look for the best IT jobs,'' says Barnes.

According to Barnes, the top IT jobs at present include IT manager, programmer, systems analyst, software engineer, and support specialist. The job counts for these job titles on InformationTechnologyCrossing are as follows:
InformationTechnologyCrossing aims to update its website with all of the most recent IT jobs. The website plans to add more IT jobs this month in its continuing effort to offer the highest number of active IT jobs possible to thousands of job seekers.

For more information on InformationTechnologyCrossing, please visit www.informationtechnologycrossing.com.

Contact:
Mary Waldron, Editorial Coordinator
626-243-1821
EmploymentCrossing
maryw@employmentcrossing.com

About InformationTechnologyCrossing

InformationTechnologyCrossing is an affiliate of EmploymentCrossing, a powerful and comprehensive organization dedicated to helping professionals find jobs that will enhance their careers. InformationTechnologyCrossing consolidates every information technology job opening it can find in one convenient location. The website also offers a seven-day free trial to new members.
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