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Technology Stocks : Micron Only Forum
MU 240.21-0.1%1:10 PM EST

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To: Skeeter Bug who wrote (52420)4/3/2001 12:03:16 AM
From: Bipin Prasad  Read Replies (4) of 53903
 
Bug, I just found this one for you from www.computerworld.com.

Study: More than 400,000 tech
jobs to go unfilled this year

BY JULEKHA DASH
(April 02, 2001) Although more IT workers are looking for jobs
these days, 425,000 IT positions will nonetheless go unfilled this
year, according to a study released today from the Information
Technology Association of America.

That’s a sharp turnaround from last year’s ITAA workforce
study, when the trade association predicted that employers
would not find workers for 850,000 jobs. Hiring plans have been
slashed by almost 44% compared to last year, and companies
are expected to hire a total of 900,000 IT workers in 2001,
versus 1.6 million last year.

The Arlington, Va.-based ITAA attributed the change in hiring
outlook to the slowing economy. "Companies appear ready to
rein in their hiring plans and proceed cautiously," said the
report. The results were compiled by the ITAA after it
conducted telephone interviews with 685 IT managers in
companies with at least 50 employees.

The report’s findings were met with some skepticism from
analysts who called last year’s ITAA hiring projections
"exaggerated."

Mike Boyd, manager of human resourcing strategies at
International Data Corp. in Framingham, Mass., said he believes
there is a "a lot of double counting when you talk about unfilled
requisitions."

For instance, a staffing firm and its client could both be seeking
to fill the same opening for a web developer, a position that will
ultimately be filled by one person.

The ITAA also found that:

The U.S. IT workforce totals 10.4 million people, the majority
of whom work for IT companies.

Demand for technical support workers has fallen 65%, although
the field remains competitive and will comprise a quarter fourth
of all new positions during the next 12 months.

Demand in the area of enterprise systems increased by 62% in
2001. And network design/administration demand rose by 13%.

Calls for IT workers in the area of digital media will drop 62%.
For database development/administration employees it will be
off 59%, and for web development workers it will be off 25%.

Even so, Kazim Isfahani, senior industry analyst at Cambrige,
Mass.-based Giga Information Group, doesn’t believe that
demand for database developers has slowed.

"All the companies I've talked to need database developers," he
said.
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