Tuesday, April 24, 2007

IT In Demand

The Myth of High-Tech Outsourcing
http://www.businessweek.com/technology/content/apr2007/tc20070424_967747.htm?chan=technology_technology+index+page_top+stories

Not since the dot com extravagance has the demand for those educated in IT been so high. This field is a growing field and with unemployment rates of 2% show that all of those educated in this field have work.

"High-tech employees are back in demand. The U.S. technology industry added almost 150,000 jobs in 2006, according to an Apr. 24 report by the American Electronics Assn. (AeA), an industry trade group. That was the largest gain since 2001, before the implosion of the tech bubble resulted in the loss of more than 1 million jobs in three years. "

The article goes into detail about the demand of domestic IT workers, and the value they carry in the professional world. With limits on working Visas been given to talented IT employees out of the US have raised the offering to homegrown employees. While this demand for IT savvy people has gone up the amount of people choosing to study this field have dropped. There has been a 70% drop in students who major in sciences. This drop leaves less of a job pool, so it is helpful to those who did study IT. But, it limits the potential that is applying for a particular job. One business says it takes on average of 56 days to hire a full time IT employee.

With that being said obviously more people should focus on the High-Tech Industry. In this HTM class alone I believe there is only one student who is majoring in this type of study. After sitting in this classroom for a semester I notice how much knowledge I choose not to take. Hopefully I am the only one...

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