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Telecom unemployment 1.4%; hiring at Mobilitie, Nexius

Telecom unemployment is 1.4%, the lowest point in 2015, down from ten-year high of 11.5% in August 2010

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

Telecom Careers Insider is sponsored by Nexius and Telecomcareers.

By the Numbers – Telecom Unemployment

In October 2015, Telecom unemployment (NAIC 517) dropped to its lowest point of the year at 1.8%, 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 (NAIC 51)” 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.

Austin, Texas quantifies skill and funding gap

Austin Technology Council (ATC) stopped by the RCRatx Studio Lounge to discuss Austin’s 3.2% unemployment rate along with ATC’s recent reports Tech Talent Survey and Capital Landscape Analysis.  Together these reports quantify the skill and funding gaps, which exist in one of the fastest growing tech markets. Both reports can be downloaded on the Austin Technology Council and Austin Chamber of Commerce Websites.

Check out Jeff Mucci interview with Julie Huls, CEO Austin Technology Council, and Lynn Atchison, CFO HomeAway and Vice Chair of Austin Technology Council.

Watch RCRatx Studio interview with Austin Technology Council

Who is hiring?

The National Association of Broadcasters (NAB) asks FCC for more time to “repack” spectrum following next year’s TV spectrum incentive auction.  Bottlenecks include a) not enough qualified tower crews and not enough time to file construction permits for an estimated 800+ towers potentially impacted by process.  For more information,  check out Joey Jackson’s post on RCR Wireless News

Nexius has over 25 job openings on Telecomcareers:

Mobilitie has over 65 positions listed on Telecomcareers, including 25 positions open in Chicago:

To wrap-up this week’s Telecom Careers Insider, we invite you to check out DIGS: Inside National Instruments to learn more about NI’s 5G innovation efforts in Austin, TX.

View all episodes of Telecom Careers Insider on RCRTV

 

ABOUT AUTHOR

Jeff Mucci
Jeff Mucci
Jeff is the CEO and Head of Industry Insights for Arden Media Company, publishers RCR Wireless News. Enterprise IoT Insights, In-Building Tech and TelecomCareers. Over the past 20+ years, Jeff has been involved in many facets of running day-to-day operations for telecom, wireless, commercial real estate and energy services companies. He has raised over $300 million of debt and equity for companies in which he has been involved. Previous roles include Chairman and CEO of ConnectSouth, a regional DSL company: President of a facilities based CLEC; SVP Sales and Marketing for Clearwire; and Director of a nationwide BLEC representing over 100 million square feet of commercial real estate. Contact Jeff by email: jmucci@rcrwireless.com or by phone at 512.431.8912.