Analysis of the latest Labor Department jobs data by the tech trade group CompTIA finds that the unemployment rate for IT occupations in the U.S. dropped to 1.3% in May, a 20-year low, reports the Wall Street Journal’s CIO Journal. As a result, employers are competing for a diminishing pool of talent.
“With job postings outpacing the supply of IT talent, employers face prolonged gaps in the hiring process,” Harley Lippman, CEO of Genesis10 told CIO Journal reporter, Angus Loftus. In the article, IT Unemployment Rate Estimated at 20-Year Low, Lippman also spoke to underlying reasons for employers’ current hiring challenges and suggested possible solutions.
CIO Journal provides news and analysis on information and technology trends.
Harley Lippman
Harley Lippman is the founder and CEO of Genesis10, a national technology talent and delivery partner. Since founding the company in 1999, he has grown Genesis10 into one of the largest privately held IT workforce solutions firms in the United States. Prior to Genesis10, Harley founded Triad Data Inc., an IT consulting firm he successfully built and later sold.
Harley serves on the boards and advisory councils of organizations including Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute and the Middle East Forum. He also serves on the U.S. Agency for International Development’s Partnership for Peace Advisory Board and previously served on the U.S. Commission for the Preservation of America’s Heritage Abroad through presidential appointment and Senate confirmation.
A committed philanthropist, Harley supports an orphanage in Cambodia and has led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe. His documentary, Safeguarding Memory, aired on PBS and received multiple awards for its impact and storytelling.
