Skills Shortage May Dampen Economic Recovery

So says a recent article in Site Selection:

Technology companies fear their plans to hire new staff in 2015 may be sidetracked by a continuing shortage of Talentqualified tech talent, according to a new survey from the Technology Councils of North America (TECNA). Seventy-four percent of 1,561 C-suite-level technology executives participating in TECNA’s third annual National Survey of Technology, Policy and Strategic Issues say there is a shortage, and a third of them call the shortage significant; 69 percent indicated a shortage in 2013, with 25 percent calling it significant.

“The skills shortage is one that affects technology companies from coast to coast and border to border,” said Steven Zylstra, TECNA chairman and president and CEO of the Arizona Technology Council, on Dec. 8th, when the survey findings were released. “We’re in the midst of a great phase of ingenuity and innovation, and companies are poised to do even more, but the shortage of skilled workers poses a serious threat to their ability to reach their goals.”

This is something we’ve been concerned about for over twenty years.  The problem won’t go away until it gets sustained attention from both the public and private sectors.    The Site Selection piece is here.

Tags: , ,