Recent news reports indicate that the worst of the bad economy is over. Where I live (which is in the southern part of the United States), every person I know who is in a development-related job role has returned to work, and I don't know any developers who have recently lost their job. The recruiters that I've talked to say they have developer positions open. And yet, the latest jobs report from the Bureau of Labor Statistics looks pretty abysmal.
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Justin James is the Lead Architect for Conigent.