IT employment prospects: beyond the dotcom bubble

In the 1990s, enrollments grew rapidly in information systems (IS) and computer science. Then, beginning in 2000 and 2001, enrollments declined precipitously. This paper looks at the enrollment bubble and the dotcom bubble that drove IT enrollments. Although the enrollment bubble occurred worldwide, this paper focuses primarily on U.S. data, which is widely available, and secondarily on Western Europe data. The paper notes that the dotcom bubble was an investment disaster but that U.S. IT employment fell surprisingly little and soon surpassed the bubble's peak IT employment. In addition, U.S. IT unemployment rose to almost the level of total unemployment in 2003, then fell to traditional low levels by 2005. Job prospects in the U.S. and most other countries are good for the short term, and the U.S. Bureau of Labor Statistics employment projections for 2006

• Type: Journal
• Year: 2008
• Where: EJIS
• Authors: Raymond R. Panko
• Keywords: Dotcom Bubble, EJIS 2008, Enrollment Bubble, Western Europe