Communications of the ACM
The IT Talent Shortage: Separating Myths from Facts
You've read over and over that there's a severe shortage of IT professionals. On the other hand, some critics say there really isn't a shortage. They say the problem is that companies have unrealistic requirements, are not willing to train existing workers, or they want to pay below market rates.
So is there an IT talent shortage or not?
Experts agree that the IT talent shortage is real. "The lack of software engineers is not a myth; there are currently about half a million unfilled computing jobs in the U.S." says Sylvain Kalache, co-founder at coding academy Holberton School.
In fact, the U.S. Bureau of Labor Statistics projects that by 2020, there will be 1.4 million computer science jobs and only 400,000 computer science grads who have the necessary skills.
One issue is that IT workers can't be produced as quickly as needed. Kalache says universities are training roughly 35,000 computer science grads each year, and alternative education is training approximately 20,000 a year, but that's a long way from being able meet the needs of companies.
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