STUDY FINDS IT STAFFING SHORTAGE COULD IMPACT ECONOMY
If this IT worker shortage is not resolved soon, the report suggests the U.S. economy may suffer a significant decline in productivity. This decline will affect computer and software companies, as well as other markets including education, government, health care, manufacturing, and transportation.
The new millennium and the implications it brings won't help relieve the staff shortage. "There currently aren't enough high-tech trained people, and year 2000 issues will only add to the IT staff shortage," said Neil Cooper, research analyst at Cruttenden-Roth of Irvine, Calif. "Fortune 1000 companies have the technical and human resources resources to implement Y2K programs, but in general, the smaller companies don't, and are in a lot more trouble."
The report, conducted by the Office of Technology Policy and titled "America's New Deficit: The Shortage of Information Technology Workers," concludes that there is potential for a major shortage of IT workers, computer scientists, engineers, systems analysts, and computer programmers. The report estimates that the United States will require more than 1 million IT workers by 2005.
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