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Detailed text transcripts for TV channel - CNN - 20110522:19:26:00

Software, things like that. but we ve seen hints of a tech bubble again with these ipos, linkedin cing out. is there sense these engineering type tech jobs are here to stay or are we in a bubble? in detroit this boom started about 18 months ago and what the experts say they see slow and steady growth for detroit. look at the numbers, we re not back to prerecession levels for tech jobs. about 15% below those but still doing really well. the unemployment rate for people in technology is 4.5%. it s 9% for everyone else. the jobs in michigan, i think with michigan, you have a manufacturing base, manufacturing is becoming more technical, so you also got a low cost base in a city like detroit. for companies you have cheap property. it s cheap. train people and these two-year degrees people can get into to work in technology. excellent. always good to know. people in detroit to get jobs to pay taxes that s going to help the place. we ll be together as we watch ....

Engineering Type Tech Jobs , Tech Bubble , Linkedin Cing Out , Unemployment Rate , Tech Jobs , Everyone Else , Like Detroit , Manufacturing Base , 4 5 ,