San Jose and Oakland area job markets tumble
&gt; “Right now it’s tough to find a job in I.T.,” said Steve Satariano, a San Jose resident who has been working in contracted, temporary information technology jobs in recent years. “I’d prefer to find a full-time, permanent job, but in I.T., beggars can’t be choosers. It’s a little frustrating because tech companies always want to try before they buy.”<p>The numbers don&#x27;t really back the first part of the statement up...<p>There are +3000 more I.T. jobs from 2016-&gt;2017 and I.T. only lost -500 jobs since last month, but that is a single month while the numbers are still higher than last year (down 0.7% monthly but up 4.1% overall yearly).<p>And &quot;Computer Systems Design &amp; Related Services&quot; also grew 3.7% year over year with 0% loss in the last month.<p>The news is always looking for the negative &#x27;sky is falling&#x27; angles and they will always be able to find someone to provide a sound bites to back up the story. But as usual the numbers say otherwise or are simply neutral&#x2F;boring.<p>Some people are obsessed with being the first one to call the new demise of tech, or the latest bubble. But if anything the industry has become more resilient. Which is what happens when industries mature and grow larger. With more diversity and a larger base of employers&#x2F;employees then fluctuations are naturally going to be smaller and better contained. That plus greater domain expertise develops over time - companies&#x2F;investors learn how to manage risk better and understand the nature of the marketplace so overall losses are smaller.