The U.S. Department of Labor reports that payrollrose by 7,400 in June to 1.34 million. The field of computer systems design and related services added 5,200 payroll jobs, for a total of 1.18 million.
In another sign of a possible turnaround in tech employment, a report said job cuts announced by tech companies in the second quarter. But the study cautioned that the pace of tech-sector downsizing is still ahead of the rate a year ago.
Companies in the telecommunications, computer, electronics and e-commerce industries announced 39,720 job cuts last quarter, down from 59,537 job cuts in the first quarter of 2005. However, this second-quarter figure was 16 percent higher than in the same quarter a year ago.
Meanwhile, Hewlett-Packard executives are expected this weekend to put the final touches on a reorganization that could result. The job cuts will then be announced on Monday, a source familiar with the company said.
The layoffs are part of CEO Mark Hurd's cost-cutting measures to bring HP's spending more in line with that of its rivals.
For those who are working,. Surfing the Internet seems to be the most popular form of loafing on the job, according a study on wasted time at work by compensation specialist Salary.com and Web portal America Online.
The average worker admits to frittering away 2.09 hours per day, not counting lunch, according to the report. That's far more time than the roughly one hour per day employers expect the average employee to waste, the report said. The extra unproductive time adds up to $759 billion annually in salaries for which companies get no apparent benefit, the report said.