Talent Shortage

From a WSJ article today...

Corporate America is desperate to find technical talent, prompting many to step up retention efforts, while making a mad dash to move higher paid research operations to China and India. It raises new debate about caps on visas for foreign workers and the need to attract more U.S. students to the careers in math and science.

The Bureau of Labor Statistics says the U.S. needs 135,000 new computer professionals a year, but its universities are producing only 49,000 computer science graduates annually. The agency also predicts the need for science and engineering graduates will grow 26% to 1.25 million by 2012. However, the number of graduates in those fields has remained relatively flat for two decades.