staffing in tech in general was going great in 2000 too and many of us know what happened there.
the credit issue is a big problem. it means startups will have problems finding funding to keep operating and existing businesses will have harder times finding the money they need to expand their businesses. credit fuels the economy. things are now getting aggravated by the prospect of inflation as the fed is now printing money like water. while i don't see signs of hyper-inflation ala Wiemar Republic Germany c. 1930, it's not looking pretty. what's more, many internet businesses are directly involved in or heavily reliant on advertising and related services for revenue. ad spending tends to dry up in slower economic times, which ultimately leads to fewer projects or cut backs altogether. i've been through 2001 and 2002 - very lean years. there are quite a few differences in the marketplace between now and then (a lot of the chaff is now gone) but i fear that the stench of those days is starting to waft again. On Tue, Mar 25, 2008 at 11:17 AM, Tim Lynch <[EMAIL PROTECTED]> wrote: > On Tue, Mar 25, 2008 at 11:04 AM, Raminder Oberoi <[EMAIL PROTECTED]> > wrote: > > > Report: Despite Economy, Web Will Grow in '08 > > > > > http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1003727162 > > > I can't speak directly to the impact the current economic "situation" is > having on the contractors, but in the Boston area reports are that the > general IT industry is doing ok (in terms of jobs and hiring): > > What Recession? Region's IT Economy is Booming (3/13/08) > > http://www.xconomy.com/2008/03/13/what-recession-regions-it-economy-is-booming/ > > Talent Wars: How Boston-Area IT Companies Are Dealing With A Severe > Staffing > Crunch (12/5/07) > > http://www.xconomy.com/2007/12/05/talent-wars-how-boston-area-it-companies-are-dealing-with-a-severe-staffing-crunch/ > > - Tim > > -- > http://www.clampants.com > http://clampants.tumblr.com/ > http://www.flickr.com/photos/clampants/ > ________________________________________________________________ > Welcome to the Interaction Design Association (IxDA)! > To post to this list ....... [EMAIL PROTECTED] > Unsubscribe ................ http://www.ixda.org/unsubscribe > List Guidelines ............ http://www.ixda.org/guidelines > List Help .................. http://www.ixda.org/help > -- -------------------------------------------------- www.flyingyogi.com -------------------------------------------------- ________________________________________________________________ Welcome to the Interaction Design Association (IxDA)! To post to this list ....... [EMAIL PROTECTED] Unsubscribe ................ http://www.ixda.org/unsubscribe List Guidelines ............ http://www.ixda.org/guidelines List Help .................. http://www.ixda.org/help
