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In fact, there are more IT jobs now than at the height of dotcom mania, and cost savings from outsourcing are helping to fuel new business opportunities. IT jobs are predicted to be among the fastest growing over the next decade.
The report also notes that the lower wages in India and China aren’t affecting US domestic wages.
The findings are at odds with many other reports, but ACM is clear that its methods and objectivity speak for themselves. “Data in reports from consulting firms and trade associations is open to question, as these organisations may be serving their own agendas. Projections are always more suspect than data on current employment levels,” says the report.
ACM members include computer scientists, labour economists and IT suppliers such as IBM and Intel.