A study conducted by global job portal Glassdoor has found a staggering 300,000 unfilled IT jobs in the US, which the portal’s economists believe is due to a decline in consumer spending and a changing economic climate.
Glassdoor chief economist Dr Andrew Chamberlain said in a press statement, “every job that’s open is money left on the table, in the form of lost productivity for employers and earnings in consumers’ pockets,
“When more open jobs are filled with the right people, economic gains include greater business productivity and consumer spending, thanks to more people earning wages, then saving, investing and spending those wages.”
IT is one of the top five industries with the most unfilled roles and they’re costing the US economy about $20 billion in potential economic opportunities.
The study comes amid growing debates about whether or not the US will restrict temporary work visas, one of the job permits widely used by technology firms in Silicon Valley.