The United States is slowly recovering from suffering shortage of Information Technology professionals in 2002. Survey says that Seattle is one of the bright spots for high-tech jobs.
According to the report entitled “Information Technology Labor Markets: Recovering, But Slowly” found that Seattle and Washington, D.C. had the highest employment rates for high-tech jobs. While on the other hand, areas such as San Jose, Boston, Chicago and Dallas have seen only modest recovery and Los Angeles employment levels have continued to fall.
“The trend of outsourcing jobs is hitting Los Angeles much harder than the other markets,” said Marcus Courtney, president of WashTech. “Due to employers and government policies, companies have a blank check to create jobs overseas and bypass job creation at home,” he added.
Since the beginning of 2005, Seattle has filled almost 60,000 IT jobs. In a report conducted by the Center for Urban Economic Development at the University of Illinois, Chicago on behalf of the Washington Alliance of Technology Workers, states that it has recovered the IT job lost during the early part of the decade in just three years.
The report also said that Seattle area has added 6,700 high-tech jobs between March 2004 and February 2006, with most of the growth coming in the past year. The recovery put high-tech employment slightly above the levels in March 2001.
Courtney said that the growth of tech-jobs in Seattle is anchored by Microsoft Corporation that hasn't experienced the dramatic cut down in staff as compared to other tech centers, and has continued to hire over the past couple years.
“The study is clear evidence that as companies are sending jobs overseas, it is undermining job growth in this country, keeping hundred of thousands of the highly skilled out of work,” said Courtney.
He also said that although high-tech employment rates in Seattle are back to pre-recession level, the only surprise is that it has taken so long.
“It's still volatile growth, the insecurity is still rightfully there,” he said.