AUTOMOTIVE

While recent EE unemployment has risen, the number of employed EEs has fallen. BLS reported 386,000 employed EEs in the second quarter last year vs. 349,000 in the fourth quarter, a decline of 37,000. "The continuing high levels of engineering unemployment are not surprising considering the trend toward outsourcing of high-tech jobs overseas," IEEE-USA President John Steadman said. "This offshoring of high-paying jobs may look good on the bottom line of a quarterly financial report, but it's certainly not good for the skilled technical professional who can't find a job." The quarterly EE jobless rate fell from 6.7 percent to 4.5 percent in the final quarter. The number of employed EEs, however, remained steady at 349,000. The discrepancy could be explained by discouraged EEs no longer counting as officially unemployed because they either found work in another field, or just stopped looking. BLS reports that the number of unemployed EEs dropped from 25,000 to 16,000 from the third to fourth quarters. The quarterly unemployment rate for computer hardware engineers jumped dramatically from 6.9 to 9.0 percent, and averaged 7.0 for 2003. Computer software engineers saw their jobless rate fall slightly from 4.6 to 4.5 percent (5.2 for 2003); and computer programmers experienced a drop from 7.1 to 4.6 percent (6.4 for the year). The rate for aerospace engineers rose a percentage point to 5.0 percent, and finished at 4.8 percent for the year. Comparisons to previous years are difficult because BLS revamped its occupational classifications and reporting conventions after 2002.