In most sectors of the American economy, there are too many candidates for too few jobs. However, that’s not the case when it comes to information technology workers where there’s a definite shortage of talent.
While the overall U.S. jobless rate hovers around 9 percent, hi-tech unemployment stands at a paltry 3.8 percent, according to the U.S. Bureau of Labor Statistics. According to Dice.com, that trend isn’t about to reverse anytime soon as demand for technology talent is escalating dramatically.
Dice surveyed nearly 900 hiring managers and recruiters. Nearly two-thirds (65 percent) of them said they anticipate hiring more technology professionals in the second half of 2011 than in the first half. However, they may find themselves waiting longer to fill those positions than they would like, as technology positions frequently remain open for months due to the shortage of hi-tech workers.
Currently, employers report greater than 81,000 available tech jobs. Across all regions of the U.S., Java is the most in-demand skill, followed by mobile technologies and .NET. Surprisingly, it’s not Silicon Valley reporting the greatest trouble finding IT talent, but the East and Midwest. In fact, several major Silicon Valley employers, including Google and Facebook, have significantly increased the size of their staff. Two-thirds of companies in those regions report hiring talent from outside their region in order to satisfy the demand. And nearly half report having to pay higher salaries than a year ago.