For recent college graduates it may be difficult to find jobs in the technology sector. According to MENAFN.com, a survey of 148 NJ tech companies earlier this month, released by the NJ Technology Council, found that the largest obstacles they face is finding qualified workers and funding career development. About half of the companies in the survey also admitted to not actively recruiting local college students or taking advantage of government-sponsored employment credits.
Ajay Gupte, president of Linwood-based CLCD LLC, which makes children’s literature databases, told MENAFN.com that, “We see a lot of students coming out of local colleges, but the things they are trained in are not up to par with the technology needs of a small company like ours. We would have to train them and bring them up to speed just so they could work for us, but the cost to do that is difficult for us to bear.” However, Maxine Ballen, founder and CEO of the technology council argued otherwise. She claims that the issue is a lack of communication between the tech companies and higher education institutions.
Data released by the state Department of Labor and Workforce Development in December suggested that NJ’s tech cluster accounted for 313,000 jobs, about 10% of the state’s workforce. However, these numbers are 9% lower than they were in 2007, when tech jobs peaked at 345,108. The average annual salary in this cluster was more than $100,000 in 2010.