Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (318)	10/25/1997 10:02:00 AM
From: C.K. Houston	Read Replies (2) \| Respond to of 9818

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. techweb.com