Telecom Unemployment 1.4% ; Mobilitie Hiring, NI 5G DIGS - Telecom Careers Insider Episode 19

In this week's Telecom Careers Insider, RCR Wireless News takes a look at the following industry trends:

Telecom unemployment - By the numbers
Austin Technology Council quantifies tech funding and skill gaps
Who is hiring? Mobilitie in Chicago; Nexius nationwide
DIGS: National Instruments leading 5G innovation in Austin, TX

By the Numbers - Telecom Unemployment
In October 2015, Telecom unemployment (NAIC 517) dropped to its lowest point of the year at 1.4%, down from 3.8% in September and 4.1% in August. By comparison, in August of 2010, telecom unemployment was at a ten-year high of 11.5%

Employment, all employees in October was 863,000, compared to nearly 1.1 million in October 2005 and 893,000 in October 2010.

Telecommunications employment, according to the Bureau of Labor Statistics, is a subsector of “Information” and consist of the following industry groups:
Wired Telecommunications Carriers: NAICS 5171
Wireless Telecommunications Carriers (except Satellite): NAICS 5172
Telecommunications Resellers: NAICS 5173
Satellite Telecommunications: NAICS 5174
Cable and Other Program Distribution: NAICS 5175
Other Telecommunications: NAICS 5179

The information sector consist of the following subsectors:
Publishing Industries (except Internet): NAICS 511
Motion Picture and Sound Recording Industries: NAICS 512
Broadcasting (except Internet): NAICS 515
Telecommunications: NAICS 517
Data Processing, Hosting, and Related Services: NAICS 518
Other Information Services: NAICS 519

Information sector employment in October 2015, was 2.8 million with a 3.0% unemployment rate. By comparison, the information employment in October 2010 was 2.7 million (9.8% unemployment) and 3.0 million (4.8% unemployment) in October 2005.

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