Tech Company Optimism Declining for Finding Right Talent, CTA Reports
U.S. demand for skilled tech workers is rising, but tech company optimism for finding the right talent is waning, said CTA Monday. It canvassed 293 tech “leaders” May-July who “identify” as CTA members or CES attendees, and 92 percent expect…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
they will need more employees with technical skills in the next five years. That’s a 6 percentage-point increase from a year earlier. Asked how they expect finding qualified candidates to fill jobs will change in the next five years, 7 percent think it will be easier, a 2 percentage-point decline. Fifty-nine percent expect it will get tougher to find the right talent. Other findings: (1) Software development skills are highest in demand for new tech employees, followed by data analytics, engineering, artificial intelligence and systems architecture skills; (2) Back-office operations likely will be the most automated in the next five years, followed by warehouse operations, customer relations and manufacturing; (3) Internships are the most common practice tech companies are using to find qualified talent, followed by advertising on social media, using online job portals like Zip Recruiter and working with professional associations.