White House Plan to Create 600K Jobs in 100 Days Won't Help Tech

The impact of the nearly $800 billion stimulus package on shrinking IT employment remains in the future, despite President Obama's plan to expedite hiring of some 600,000 people over the next 100 days.

By Patrick Thibodeau

PAGE 2

In the long run, the stimulus is expected to increase tech employment. The Information Technology and Innovation Foundation in Washington estimates that the stimulus will ultimately create 1 million "person years" of work given its plans for broadband, health IT and the smart grid. A person year is based on an estimate of the amount of work done by one person in a year.
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