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Help wanted: Tech companies feel skilled labor shortage

Microsoft, Cisco cited among companies with many job openings
By Denise Dubie , NetworkWorld.com , 03/10/2008
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Research released Monday revealed that U.S. technology and defense companies average 470 and 1,265 high-skilled job openings, respectively.

The numbers are a fraction of the 140,000 job openings for skilled positions available today among the 500 companies that comprise Standard & Poor's (S&P) 500. 

The National Foundation for American Policy (NFAP) released Monday its findings from research performed mostly in January 2008, but also conducted in December 2007 and February 2008. The NFAP examined postings for available U.S.-based jobs that require at least an undergraduate or professional degree at the S&P 500. The NAFP -- a non-profit, non-partisan organization dedicated to public policy research on trade, immigration, education, and other issues of national importance -- found that while demand for skilled workers permeated across the U.S., technology, defense and financial services companies appeared to be most in need of skilled workers.

According to the NAFP March 2008 brief Talent Search: Job openings and the need for skilled labor in the U.S. economy, Microsoft topped the list of S&P 500 companies with the most available positions with 4,005 job openings as of January 2008.

"Microsoft is an employer that is a critical part of the U.S. economy. It is a major innovation leader and has a corporate ethic to keep its development work largely in the U.S., but Microsoft has thousands of jobs it can't fill because there aren't enough U.S. workers with the skill sets its needs," says Bo Cooper, a specialist in business immigration law in Paul Hastings’ national immigration practice.

Defense companies Northrup Grumman and Lockheed Martin both had more than 3,900 job openings listed. General Electric listed some 3,078 job openings, JPMorganChase had 2,164 open positions, and Cisco, more than 1,500 available jobs.

"The demand for skilled labor is present throughout America's diverse economy, although technology companies appear to endure more job openings than most others," the report reads.

For instance, companies listed as members of the trade association TechNet such as Google, HP, CA, Cisco, Juniper, Sun and Amazon accounted for more than 18,816 job openings. Information Technology Industry Council members such as Accenture, AMD, EMC, Apple, IBM, Time Warner, Texas Instruments and Vonage had more than 21,972 available positions listed as of January 2008. And the American Electronics Association, which includes companies such as Adobe, BMC, Citrix, Symantec, Dell, eBay and Intel, also showed "an acute demand for labor," according to the NAFP, with 12,784 job openings.

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Comments (17)
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Semi correctBy Bob2001 on April 6, 2008, 10:26 pmWhile your wage and employment contract data is pretty eye opening, one thing that people mis-state is High school graduates are hired anywhere of significance....

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The truth is not being toldBy Anonymous on March 28, 2008, 12:19 pmI really want to put my 2 cents into this blog; I am a person who is considering a very skilled and educated person in the field. One of the articles is so true,...

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The truth is not being toldBy Anonymous on March 28, 2008, 12:19 pmI really want to put my 2 cents into this blog; I am a person who is considering a very skilled and educated person in the field. One of the articles is so true,...

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labor shortageBy guns4liberty on March 18, 2008, 1:38 pmThere are plenty of Americans who would love to work for these companies. Unfortunatly few of these companies are willing to take fresh grads and let them get some...

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bs squared == your articleBy Anonymous on March 18, 2008, 12:50 pmu.s. companies, the army, et. al. do not look at u.s. skilled workers, especially with experience and proven ability, which has to be paid for. in over 5 yrs, my...

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Metzler on Service Delivery Management

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2009 Handbook of Application Delivery

Successful IT organizations must know how to make the right application delivery decisions in these tough economic times.

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