On the recordMarch 27, 1998
it's painfully obvious that the nation faces a serious problem in providing our companies with the skilled workers they need to grow and create jobs in America. We do not need a report to tell us there's a problem. All one needs to look at are the job ads in newspapers and on the Internet which are exploding with offers of high tech jobs that cannot be filled. There are even reported shortages of the recruiters needed to recruit other skilled workers. There is ample evidence that companies face an inability to fill key skilled positions. The Federal Reserve's latest survey of nationwide economic conditions made public on March 19 stated ``shortages of both skilled and entry-level workers worsened.'' The unemployment rate among electrical engineers nationwide is 0.4 percent. Congressional testimony shows that leading American companies like Microsoft and Sun Microsystems have over 2,000 unfilled positions each. CEOS of companies like Dell Computers and Texas Instruments warn that America's global leadership in high technology fields will be threatened if this problem is not addressed. ``We are disarming the economy of the United States if we don't allow skilled workers to come in,'' explained Dell Computer Corp. CEO Michael Dell. Companies are so desperate for workers they are even hiring teenagers part-time at $50,000 a year, as The Washington Post reported in a March 1st front-page article.
Source
govinfo.gov




