An interesting study was published this month on the workforce implications of the renewed growth of Silicon Valley’s cluster of IT industries, the Information and Communications Technology (ICT) cluster; networks, computers, chips, telecom, software, hosting, social media, etc.
For a copy of “Silicon Valley in Transition” go to http://connect.one-stop.org/lmi/TechStudyFullReport_03.pdf
Here are the highlights:
• The ICT sector added 13,000 jobs in greater Silicon Valley (now defined to include San Mateo, San Francisco and southern Alameda counties) since 2009.
• The ICT sector is conservatively estimated to grow 15% over the next two years, adding around 20,000 new jobs.
• Companies are already finding it hard to recruit in certain engineering fields.