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Washington Technology home > 10/25/99 issue
10/25/99; Vol. 14 No. 15

Data Stream
Worker Shortage Costs Billions

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The shortage of information technology workers costs the United States $105.5 billion annually, according to a new survey by the Computing Technology Industry Association.

“Our research shows the majority of businesses today attribute missed deadlines, lost productivity and higher expenses to the nationwide shortage of qualified IT service and support professionals,” said John Venator, president of the association that represents 7,500 hardware and software manufacturers, distributors, resellers and others in the IT field.

The survey of 878 chief information officers and other IT executives found that 10 percent of IT positions, a whopping 268,740 jobs, are unfilled.

About one quarter of the companies surveyed claimed to have lost productivity because of the worker shortage.

The recruitment problem appears worse for companies with more than $1 billion in annual revenue. About 77 percent of those surveyed said that finding IT workers is difficult.

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