Tech Sector Slow To Hire

Iftekhar25 writes "The NY Times is running an article about soaring unemployment rates for IT in the US (6 percent) despite a tech sector that is thirsting for engineering talent. Quoting: 'The chief hurdles to more robust technology hiring appear to be increasing automation and the addition of highly skilled labor overseas. The result is a mismatch of skill levels here at home: not enough workers with the cutting-edge skills coveted by tech firms, and too many people with abilities that can be duplicated offshore at lower cost. That's a familiar situation to many out-of-work software engineers, whose skills start depreciating almost as soon as they are laid off, given the dynamism of the industry.'"

Comments

Re:3... 2... 1... before that old H1B rant

[Surt]

I DO know the rules, and I have also seen first hand how the companies that abuse them are evading them. The most common strategy is to list an impossible requirement, and then miraculously find that the foreigner they want to hire happens to have that on his resume. Miracle of miracles, the job is filled. Meanwhile, to get an american to do the job would have cost 2-3x the 'prevailing wage', so they have a huge financial win.