The health of UK economy is at risk because of acute shortages of skilled IT professionals, says Yva Thakurdas, a C-level executive and consultant, in this video presentation.
Currently, we have almost one million young people unemployed in the UK. But there are over 100,000 jobs going vacant across the IT industry and yet unemployment for computing science graduates is the highest of all subjects.
How can this be? It's a combination of a drop in university applications to study Computer Science, a decrease in numbers of Computer Science graduates, and a fall in students striving for jobs in the IT industry. The primary causes have been a decline in the standard of the computer science educational curriculum over the past 15-20 years and some university curricula not being aligned to industry requirements.
All this against the backdrop of the IT industry burgeoning over the corresponding period and continuing to grow at an exponential rate.
With a generational talent loss in academia and industry, this situation has the potential to weaken the UK economy, unless proactive measures are now taken by corporations, academia and government in concert.
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