Report Outlines the Growing Need for Skilled IT Workers

Employers are demanding more skills from recent IT graduates.

Current students aspiring to careers in information technology should be aware of the vast potential their job outlook has garnered. According to the U.S. Department of Labor, there are several different IT professions across the board that are expected to see an increase in hiring within the next decade. One recent report indicated that there are currently thousands of skilled IT positions going unfilled in New York City, one of the premier locations in the U.S. for careers in information technology.

In a new report released by JPMorgan Chase & Co., the company analyzed how there are a plethora of openings for IT jobs in the Big Apple, essentially because the skills of most applicants aren't meeting the demands of employers. The authors of the review stated that New York City currently has an estimated 8,100 job openings for IT-related professions, and that demand is expected to increase by nearly 15 percent over the next five years.

One of the primary details of the report was emphasizing the apparent overwhelming gap between the abilities demanded by employers and the current skills of recent IT graduates. The authors called out the need for IT employers to begin working more closely with job training centers to help begin effectively guiding incoming employees, providing them with better opportunities for experience and understanding what's expected of them in the workplace. 

A New Plan 
JPMorgan Chase & Co. has begun to do its part in assisting aspiring IT workers in gaining the necessary skills demanded by employers through its New Skills at Work program. The strategy is a five-year, $250 million project that will help train recent IT graduates into inheriting the appropriate skill sets that are necessary to thrive at a higher and more competitive level.

Chauncy Lennon, the head of workforce initiatives at JPMorgan Chase, elaborated on how the study emphasizes the importance of employers needing to start working alongside other institutions to help new employees learn the tools of the trade.

"New York City, like so many cities, must start training workers for the right jobs," Lennon said in a statement. "This report provides a laser-focused, data-driven pathway for New York to correct the mismatch between job skills and employment needs, and it arms city officials, job trainers and employers with the right tools to close this gap."

This article is sponsored by Western Governors University, a nonprofit, accredited, online university. WGU offers bachelor's and master's online degree programs in IT. To find out more, please visit

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