WSA Workforce Study Affirms Continued Growth In Washington's Technology Industry

Apr 23, 2001, 01:00 ET from WSA

    SEATTLE, April 23 /PRNewswire/ -- The WSA, the country's oldest and
 largest state-wide technology trade association, has released the results of
 its biennial workforce study after surveying software and Internet companies
 across Washington.
     WSA's survey reveals that, even in light of today's economic conditions,
 Washington's software and Internet industries continue to expand.  These
 industries expect to add thousands of jobs over the next two years, and if
 projected openings are filled, more than two billion dollars of incremental
 revenues could be generated.  The study underscores the role of education as
 the key factor in a long-term solution to the workforce issue.
 
     Specific survey results indicate:
     -- Projected industry expansion of 26 percent -- adding over 16,000 new
        positions between 2000 and 2002.  This projected expansion will create
        a need for over 12,000 new technically trained employees, 43 percent of
        which will be programmers or software engineers.
     -- As of November 2000 there were 8,000 vacant positions in the
        Software/Internet industries in Washington, the equivalent of 13
        percent of total industry employment.
     -- In 2000, the total supply of technology graduates from all Washington
        community and technical colleges and universities totaled 3,134.
     -- $2.6 billion in incremental revenue opportunity if positions could be
        filled as projected, between 2000 and 2002.
     -- Software and Internet industries continue to grow although at a more
        conservative pace than the recent past.  General economic downturns
        have created an environment in which some industry companies are
        reviewing their long-term strategies.  Although total projected
        industry growth has slowed in comparison to figures reported in the
        1998 WSA Workforce Survey, the total amount of vacancies has increased
        from 7,300 in 1998 to 7,938 in 2000.
 
     "Our updated study re-emphasizes the continued need to address this
 problem from all angles, explained Kathleen P. Wilcox, President and CEO of
 the WSA, "Our objective in conducting this study was not simply to quantify
 the problem but to develop long term plans for appropriate solutions. The
 workforce issue is directly related to the success of our industry and the
 health and prosperity of Washington's economy."
     Respondents include a cross-section of companies -- public and private,
 small and large, young and old.  Corporate officers, operations managers and
 human resource executives were surveyed about current and projected job
 vacancies, training costs, revenue impacts, and higher education issues.
     To obtain a full copy of the survey results, visit www.wsa.org or call
 206-448-3033.
 
     About WSA
     Founded in 1984, with over 1,600 member companies representing a range of
 software, Internet, and technology companies, the WSA is an association
 focused on helping Washington state technology companies succeed.  The WSA is
 a catalyst for setting new industry directions, sharing expertise, delivering
 key business services, and leading the advocacy of issues necessary to keep
 Washington a leader in the digital economy.  For more information about WSA,
 including membership benefits, visit www.wsa.org
 
     CONTACT:  Lori Seabright of WSA, 206-448-3033 or lseabright@wsa.org; or
 Kathryn Harper, kathryn@parkerlepla.com, or Kerry Sturgill,
 kerry@parkerlepla.com, both of Parker LePla, 206-285-5280, for WSA.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X97685695
 
 

SOURCE WSA
    SEATTLE, April 23 /PRNewswire/ -- The WSA, the country's oldest and
 largest state-wide technology trade association, has released the results of
 its biennial workforce study after surveying software and Internet companies
 across Washington.
     WSA's survey reveals that, even in light of today's economic conditions,
 Washington's software and Internet industries continue to expand.  These
 industries expect to add thousands of jobs over the next two years, and if
 projected openings are filled, more than two billion dollars of incremental
 revenues could be generated.  The study underscores the role of education as
 the key factor in a long-term solution to the workforce issue.
 
     Specific survey results indicate:
     -- Projected industry expansion of 26 percent -- adding over 16,000 new
        positions between 2000 and 2002.  This projected expansion will create
        a need for over 12,000 new technically trained employees, 43 percent of
        which will be programmers or software engineers.
     -- As of November 2000 there were 8,000 vacant positions in the
        Software/Internet industries in Washington, the equivalent of 13
        percent of total industry employment.
     -- In 2000, the total supply of technology graduates from all Washington
        community and technical colleges and universities totaled 3,134.
     -- $2.6 billion in incremental revenue opportunity if positions could be
        filled as projected, between 2000 and 2002.
     -- Software and Internet industries continue to grow although at a more
        conservative pace than the recent past.  General economic downturns
        have created an environment in which some industry companies are
        reviewing their long-term strategies.  Although total projected
        industry growth has slowed in comparison to figures reported in the
        1998 WSA Workforce Survey, the total amount of vacancies has increased
        from 7,300 in 1998 to 7,938 in 2000.
 
     "Our updated study re-emphasizes the continued need to address this
 problem from all angles, explained Kathleen P. Wilcox, President and CEO of
 the WSA, "Our objective in conducting this study was not simply to quantify
 the problem but to develop long term plans for appropriate solutions. The
 workforce issue is directly related to the success of our industry and the
 health and prosperity of Washington's economy."
     Respondents include a cross-section of companies -- public and private,
 small and large, young and old.  Corporate officers, operations managers and
 human resource executives were surveyed about current and projected job
 vacancies, training costs, revenue impacts, and higher education issues.
     To obtain a full copy of the survey results, visit www.wsa.org or call
 206-448-3033.
 
     About WSA
     Founded in 1984, with over 1,600 member companies representing a range of
 software, Internet, and technology companies, the WSA is an association
 focused on helping Washington state technology companies succeed.  The WSA is
 a catalyst for setting new industry directions, sharing expertise, delivering
 key business services, and leading the advocacy of issues necessary to keep
 Washington a leader in the digital economy.  For more information about WSA,
 including membership benefits, visit www.wsa.org
 
     CONTACT:  Lori Seabright of WSA, 206-448-3033 or lseabright@wsa.org; or
 Kathryn Harper, kathryn@parkerlepla.com, or Kerry Sturgill,
 kerry@parkerlepla.com, both of Parker LePla, 206-285-5280, for WSA.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X97685695
 
 SOURCE  WSA