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Tech Sector Slow To Hire

September 7th, 2010 09:12 admin Leave a comment Go to comments

Iftekhar25 writes “The NY Times is running an article about soaring unemployment rates for IT in the US (6 percent) despite a tech sector that is thirsting for engineering talent. Quoting: ‘The chief hurdles to more robust technology hiring appear to be increasing automation and the addition of highly skilled labor overseas. The result is a mismatch of skill levels here at home: not enough workers with the cutting-edge skills coveted by tech firms, and too many people with abilities that can be duplicated offshore at lower cost. That’s a familiar situation to many out-of-work software engineers, whose skills start depreciating almost as soon as they are laid off, given the dynamism of the industry.’”

Source: Tech Sector Slow To Hire

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