Wednesday, May 25, 2011

I.T. Professionals in High Demand

There are more technology job openings in a single day on Dice's career Web site than there are computer science graduates joining the U.S. workforce, according a Dice Holdings report. The report also found that 18 states have shortages of local graduates compared to job openings, particularly in key tech markets such as Silicon Valley, Seattle, Dallas, Boston, New York, Washington, D.C., Los Angeles, and Chicago. The report notes that the gap between graduates and job openings has created competition for talent among tech companies. There are at least two or three jobs for every computer science graduate, says Massachusetts Institute of Technology's Ann Hunter. " 'America's Tech Talent Crunch' is a snapshot of how businesses, educational institutions, and employees are dealing with palpable shortages in real time," the report says. An earlier Dice report found that, on average, technology professionals had not received salary raises in the last two years. However, "companies can no longer get away with paltry salary increases for their technology staffs based on the demand we are seeing for talent," says Dice's Tom Silver.

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