The Globe and Mail is reporting that IT firms are feeling the results of the last bubble's affect as "enrolment at Canada's computer science faculties has tumbled as students and their parents soured on an industry that lost investors billions and shed so many jobs." A Conference Board of Canada commissioned study, to be released today, shows a need for as many as 58,000 IT professionals over the next year. This demand coupled with "a 36-per-cent to 64-per-cent drop in student numbers", depending on the region of the country, makes for a difficult time for recruiters. According to the article "Phil Sorgen, president of Microsoft Canada, says there simply are not enough graduates to meet demand. About 35,000 new information and communication technology jobs are created annually in Canada, however universities produce only enough graduates to fill about one out of every five of those spots, he says." Looks like a good year to be asking for a raise!
