USA will be short of 1 Million Computer Grads by 2020: USBLS

Are we short on IT talent? Almost all experts agree that we are.

Though the experts agree to the talent shortage, there is a difference in opinion as to the reasons.   

Often, the supply of employable graduates does not match the demand for the same.  

Companies also add to the deficit by outsourcing or offering a low payment. This fact is especially true at the entry-level jobs. Companies usually overlook recent college graduates as they lack professional experience.   

As per the U.S. Bureau of Labor Statistics, by the year 2020, there will be 400,000 graduates in computer science. The demand would be around 1.4 million. Thus the US will fall short of 1 million computer grads by 2020. 

Experts are of the opinion that there can be other contributing factors as well. There has been a noticeable general disinterest in pursuing technical careers. In the U.S., many belonging to the Baby Boomer Generation are also leaving the workforce. Born between 1944 and 1964, they are either retiring or facing imminent retirement.  In 2019, the population of the Baby Boomer Generation in the U.S. is around 76 million.  

Additionally, there is a deficiency in graduates from the STEM stream. 

Moreover, there is a discrepancy between what is being taught in schools and the requirements of the companies. Lecture-based education does not equip the students with the necessary skills as well. Hence, companies prefer someone with a hands-on experience than a fresh graduate.  

Digital transformation is fast-paced. One must adapt and re-skill to be suitable for the ever-changing digital platform.

There is a pressing need for coming up with workable solutions. 

As such, there is no single reason that can be held responsible for the IT talent shortage. 

Many contributing factors have come together to cause this shortfall. Indeed, the IT talent shortage is not a mere myth. It is a fact that must be dealt with accordingly. 

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