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Where The Jobs Are: High-Tech Companies

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A software engineer works on his welding skills at the at a workshop space created for  Google employees in Mountain View, Calif. (AP)
A software engineer works on his welding skills at a workshop space created for Google employees in Mountain View, Calif. (AP)

With the unemployment rate stuck at 9.1 percent since April, job seekers are spending months, if not years, looking for work.

But according to a new report by the financial services firm, Jones Lang LaSalle, high-tech jobs are growing nearly four times faster than the national average. The report also shows that venture capital is driving the job boom, with high-tech accounting for 50 percent of total venture capital funding over the past year.

Companies say it's difficult to find and recruit talent, because there is a dearth of qualified engineers. So what is the answer to the high-tech job glut, and can the industry sustain it?

Guest:

  • Jeanne O'Keefe, senior vice president of Mathworks, a Natick, Mass. company with 250 job openings
  • Mo Koyfman, principal at Spark Capital

This segment aired on October 3, 2011.

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