The Coming IT Workforce Shortfall
Due to approaching baby boomer retirements, the information technology workforce in places like the United States and Europe is expected to shrink dramaticallyin fact, IT jobs could outnumber qualified professionals as early as the end of the decade. This might not come as a shock to those who have been reading Bureau of Labor Statistics predictions and other industry forecasts. However, some observers believe this trend will affect countries all over the world, and that its already starting to play out in some very unexpected places.
As workforce growth rates slow in the U.S., Europe, Japan and Australia, skill shortages are going to begin to mount, said Brian Kramer, program director for IBM Learning Solutions. These skill shortages are likely to be particularly acute in the IT industry, because developed, post-industrial nations do not graduate many IT engineers. Its amazing how that has shifted.
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