Are Fears About The Economy Getting You Down? - InformationWeek

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Are Fears About The Economy Getting You Down?

Uncertainty about the economy is giving some tech professionals jitters about their jobs and wallets. Are the fears warranted or not?

Uncertainty about the economy is giving some tech professionals jitters about their jobs and wallets. Are the fears warranted or not?A new survey released today by staffing and outsourcing firm Hudson says that workers last month in all sectors -- including IT and telecom -- were scared about the economy, worried about their personal finances, and concerned about layoffs.

The volatility of the stock market, slumped real estate market, and rising oil prices, among other economic downers, seem to be the root of the worry.

But officials who are closer to the hiring scene, including executives at staffing firms, say the fear doesn't match the reality of what's happening in the workplace, especially for techies. They say employers are still going ahead with IT hiring plans.

Is there disconnect between emotion and reality in the workplace regarding what things are "really like" right now? Is your company making at quick moves to change IT hiring or project plans because of economic uncertainty?

Let me know.

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