| The ITEXPO blog is where you can view the latest news and happenings at TMC's leading VoIP conference.

July 2011

You are browsing the archive for July 2011.

71% of Austin Companies Complain of Tech Worker Shortage

July 15, 2011

New Austin job fair to help match tech workers with growing tech companies

I have said before the employment market is really a tale of two worlds. In the realm where you have tech skills and experience you are much more likely to not only have a job but see your value increase. In the last few months I have seen the number of tech companies getting funding skyrocket and the trend does not seem to be slowing down as the IPO market is alive and well for tech and many even say we are in a valuation bubble in certain sectors.

Texas is one of the best states in the nation in terms of job creation - the Lone Star State is luring away business from the rest of the country and moreover, its strong tech and telecom corridors already have an entrenched group of companies and many are growing.

All this growth has led us to a point where there aren't enough tech workers, causing 71% of executives in the area to complain that there aren't enough tech workers and 59% of these companies say the shortage has caused their companies to be held back.

Isn't this amazing? the mainstream news tells us constantly about how bad the employment situation is with "real" unemployment estimated at around 20% and still, there aren't nearly enough tech workers to go around.

As you may know, TMC's west coast ITEXPO event takes place in about two months and has moved from Los Angeles to Austin, TX this year.