The number of computer and IT jobs grew 13 percent from 2003 to 2012, but the number of people with degrees in these fields from U.S. colleges and universities dropped by 11 percent over the same time period, according to a recent CareerBuilder and Economic Modeling Specialists study.
"The slowdown in IT degrees over the last decade may have been influenced, in part, by the dot-com bubble collapse and by more recent trends of tech workers being trained by employers or trained through informal programs outside of a traditional academic setting," says CareerBuilder CEO Matt Ferguson. "The deficit in IT degree completions is concerning when you consider that there is already a considerable gap between the demand for and supply of IT labor in the U.S. today."
The drop in technology degrees was especially notable in New York City, San Francisco, Atlanta, Miami, and Los Angeles. Meanwhile, Salt Lake City, Washington, D.C., and Minneapolis-St. Paul experienced the greatest percentage increase in IT and computer degrees from 2003 to 2012. Engineering degrees, which traditionally command among the highest salaries, registered a more modest growth during the past 10 years.
From CBS MoneyWatch
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